Oil Supply Risk 'Big Issue' for OPEC, ANZ's Hynes Says

The transcript discusses the dynamics within OPEC+ regarding extending oil production cuts, highlighting Russia's growing influence and the desire of other members to assert their authority. It touches on the economic outlook, noting the potential positive impact of resumed US-China trade talks on oil demand. The challenges OPEC faces in balancing supply amid declining production from Venezuela and Iran are also covered. Finally, the potential formalization of a long-term alliance within OPEC+ is explored, aiming to strengthen their market position.

What are the main sticking points in the discussions among OPEC plus members?

How has Russia's influence changed in OPEC plus talks recently?

What factors are contributing to the balancing act that OPEC has to manage?

In what ways might Saudi Arabia adjust its output in response to customer requirements?

What does the potential finalization of a charter for a long-term alliance signify for the world oil order?