OPEC+ producers have decided to accelerate increases in output, despite the mixed picture presented by oil market fundamentals and the uncertainties over the health of the global economy, and by extension, oil demand, triggered by US president Donald Trump’s aggressive trade policies.
This Argus Insight Paper will help you understand and navigate the implications of the OPEC+ decision, as we explain:
- Why producers have decided to add more oil to the market amid such economic uncertainty
- What the OPEC+ decision is likely to mean for oil prices
- How the move intersects with recent developments in China’s crude buying and Russia’s oil trade
- Where the decision, and its likely impact on prices, leaves rival producers in the US shale patch
Download the insight paper
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About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.
