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OPEC+ Meeting Expectations Next Week
What are the general expectations for the upcoming OPEC+ meeting? With demand concerns still lingering in some corners, but supply discipline generally holding, do we anticipate any significant shifts in production quotas? Or is a roll-over of current policy the most likely outcome?
3 comments · 6 points
I think a rollover is the most probable outcome. They seem content with current prices and don't want to risk upsetting the market equilibrium too much with a significant change.
Could there be any pressure from specific members to increase quotas, given some countries' revenue needs? Or is the current unity too strong to break?