Tight Spare Capacity Puts Saudi Arabia Back in the Spotlight

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  • Opec-plus’ spare capacity is back in the limelight as some members continue to undershoot their quotas.  

  • The notion that Opec-plus will continue adding 400,000 barrels per day every month this year, leaving little spare, is causing a price frenzy.

  • Saudi Arabia, as holder of the group's biggest slice of spare capacity, appears to be back in the driving seat.

The Issue

Opec/Opec-Plus, Opec-Plus Supply , Oil Forecasts, Oil Prices
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