MacroVoices #497 Dr. Anas Alhajji: The Impact of Trump Polices on Russia, China, India & OPEX+
Macro Voices
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OPEC's Strategic Maneuvers in Oil Production
This chapter examines OPEC's strategies in global oil production and market dynamics, focusing on recent production adjustments amidst fluctuating demands and geopolitical challenges. It highlights the delicate balance OPEC maintains in responding to market forces while grappling with member constraints and the complexities of oil supply and demand forecasts. Moreover, the discussion critiques methods of demand estimation, revealing significant discrepancies in data interpretation and the implications for future oil pricing.
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