19 May 2024
ANALYSIS: Oil prices face significant downside risk ahead of OPEC meeting
Publication date: 27 November 2017
Gas Strategies Group
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ISSN: 0964-8496
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International oil benchmark Brent is holding steady in the lead-up to the scheduled meeting between OPEC and Russia this week in Vienna, but market fundamentals hint heavily at a big potential for price slippage even if the parties agree to continue limiting production next year.
Market analysts and observers largely agree that the cap agreed by OPEC and Russia ...