OPEC Head Mohammad Barkindo Has Died Aged 63

The transcript discusses the sudden developments within OPEC, highlighting the end of a six-year tenure of a key figure who played a significant role in forming OPEC Plus. The new Secretary General from Kuwait faces challenges as OPEC approaches the end of its output cuts initiated during the coronavirus pandemic. The group must decide whether to increase production to satisfy major importers like the US and EU, despite supply issues among its members, with only Saudi Arabia and the UAE having spare capacity.

What is the significance of OPEC plus in relation to the organization?

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What challenges does the new Secretary General of OPEC face?

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