OPEC Expands Push to Secure Production Cut Deal

The video discusses the ongoing shuttle diplomacy involving OPEC and Russia, focusing on upcoming meetings in Vienna. It highlights the importance of Russia's involvement in production cuts and the challenges posed by differing production reports from secondary sources. The video also examines Iraq and Iran's positions on production cuts, with Iraq seeking exemptions due to its fight against the Islamic State and Iran aiming to restore production levels post-sanctions.

What is the significance of the upcoming meetings in Vienna for OPEC and Russia?

Why is it important for OPEC to involve Russia in their discussions about oil production cuts?

What role does shuttle diplomacy play in the negotiations among OPEC members?

How do the production reports from OPEC countries differ from the estimates provided by analysts?

What challenges do Iraq and Iran face regarding oil production cuts?