OPEC+ Makes a Big Bet on Oil Demand
Big Take
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OPEC's Strategies Amid Global Oil Turbulence
This chapter explores the dynamics of a recent OPEC meeting in Vienna, where oil leaders addressed market volatility influenced by geopolitical events. It analyzes OPEC's evolving role in the global oil market, particularly in the context of increased shale production in the U.S. and the organization's strategies to stabilize prices amid changing production levels.
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