Can OPEC+ hold its nerve on supply as demand stutters?
Oil Markets
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Dynamics of OPEC+ Production and Global Oil Market Trends
This chapter examines the compliance of OPEC+ members with their production quotas, highlighting the historical overproduction by countries like Russia, Iraq, and Kazakhstan. It also discusses the implications of Iran’s rising output on the group's unity, along with the broader impacts of geopolitical factors on the global oil supply and demand landscape.
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