
Can OPEC+ hold its nerve on supply as demand stutters?
Oil Markets
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The Shifting Landscape of Global Oil Trade
This chapter examines the evolving landscape of global oil markets, particularly the growing demand from Asia for Iranian and Russian crude. It discusses the impact of geopolitical tensions on trade routes, the resilience of North American shale production, and the potential consequences for OPEC+ amidst fears of market oversupply.
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