Oil Storage Facilities Start Filling Up in U.S., Prices Fall

The transcript discusses the oil storage issues in Oklahoma, which may lead to production cuts. It highlights the US's mediating role in the oil price war between Saudi Arabia and Russia, and the potential outcomes of upcoming OPEC and G20 meetings. The US is not expected to participate directly in OPEC discussions but may influence through G20 talks. The meetings are expected to be virtual, reducing face-to-face negotiation drama.

What factors are influencing the decision-making of pipeline companies regarding production cuts?

What are the expectations for the upcoming OPEC plus meeting?