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The End of the ‘OPEC Put’ And Signals of OPEC+ Unwinding?

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Manage episode 424357896 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Enterprise Explores OPEC+ and its new strategy, which includes extending production cuts and publishing an 18-month output schedule for key members. Despite efforts to stabilize the market, oil prices continue to slip, reflecting complex market dynamics and potential internal tensions within the group.

Formed in 2016, OPEC+ is a group of oil producing nations consisting of members of The Organization of the Petroleum Exporting Countries (OPEC) as well as other Non-OPEC oil-producing nations such as Russia.

Joining us to break down the details and implications of these announcements is Emma Richards, Associate Director of Oil & Gas at BMI. We will explore OPEC+'s shift towards defending market share amid evolving global energy dynamics and the transition towards renewable energy. Tune in for expert insights on the strategies and broader impacts of OPEC+'s latest moves.

See omnystudio.com/listener for privacy information.

  continue reading

155 episodes

Artwork
iconShare
 
Manage episode 424357896 series 2926374
Content provided by BFM Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BFM Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Enterprise Explores OPEC+ and its new strategy, which includes extending production cuts and publishing an 18-month output schedule for key members. Despite efforts to stabilize the market, oil prices continue to slip, reflecting complex market dynamics and potential internal tensions within the group.

Formed in 2016, OPEC+ is a group of oil producing nations consisting of members of The Organization of the Petroleum Exporting Countries (OPEC) as well as other Non-OPEC oil-producing nations such as Russia.

Joining us to break down the details and implications of these announcements is Emma Richards, Associate Director of Oil & Gas at BMI. We will explore OPEC+'s shift towards defending market share amid evolving global energy dynamics and the transition towards renewable energy. Tune in for expert insights on the strategies and broader impacts of OPEC+'s latest moves.

See omnystudio.com/listener for privacy information.

  continue reading

155 episodes

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