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From Russia to Asia - oil's new map may prompt policy rethink by OPEC+

Oil Markets

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The Future of OPEC and OPC Plus

OPEC and OPC Plus will meet in early June to discuss the outlook for PIC Plus supplies at current price levels. OPEC Secretary General Heitemal Geis has not given away a lot about what's going on, but he did say that there's a lot of uncertainties in the market. All eyes are on China trying to see if they're getting out from this pandemic and signs of economic growth. But other than that, you've got high inflation and many other key economies, high interest rates. Of course, the debt crisis happening in the US, the debt talks and debt ceiling talks.

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