Oil Markets: Opec-Plus Hits Speed Bump

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After a year of effective market management, a fairly innocuous Opec-plus meeting turned into a standoff over tapering cuts and extending the current deal through the end of 2022.

Our experts Abhi Rajendran, Head of Global Oil/North America Research, Amena Bakr, Chief Opec Correspondent and Rafiq Latta, Senior Correspondent, discuss the factors behind the dispute, key dynamics to watch, and the impact on oil market balances, prices and sentiment.

Talking points:

  • Latest developments in the dispute between the UAE and Saudi Arabia
  • Implications for the Opec-plus group looking ahead
  • The road ahead for the global oil market