OPEC-Russia Roadshow Heads to Vienna

The transcript discusses the challenges OPEC faces in reaching production agreements, particularly with non-OPEC countries like Russia. It highlights the difficulties in allocating production quotas among members, given the varying circumstances of countries like Venezuela, Iran, and Iraq. The discussion also touches on market skepticism, investor confidence, and the impact of OPEC's strategies on oil prices and shale oil production.

What challenges does OPEC face in allocating production ceilings among its members?

How has the situation in Venezuela affected OPEC's production agreements?

What are the implications of Iraq's production claims on OPEC's agreements?

What role does Russia play in the context of OPEC's production agreements?

How does the use of third-party reporting impact OPEC's production estimates?

What factors contribute to the skepticism surrounding OPEC's ability to reach agreements?

In what ways has the US shale oil production influenced OPEC's strategies?