Tag Archives: demand disruptions

The OPEC+ coalition is set to convene virtually on December 5, marking its third consecutive online session. While in-person meetings were previously held at the Vienna headquarters, logistical and geopolitical factors seem to favor the virtual format. Key Highlights and Agenda Virtual Meeting Format: No formal invitations or plans for …

The OPEC+ alliance, comprising major oil producers like Russia and OPEC members, faces a precarious balancing act. The group must carefully navigate the complexities of maintaining market stability and ensuring the financial security of its members, especially after the recent decision to increase oil production starting in October. This decision …