OPEC Sees More Cut Exemption Requests

The video discusses the ongoing disputes within OPEC regarding production cuts. Before agreeing on cuts, OPEC members need to establish a baseline of production, which is currently disputed due to differing data sources. Iraq's high production numbers add to the complexity, as they seek exemptions due to sovereignty issues. Iran also aims to regain its market share post-sanctions. The video highlights the challenges faced by OPEC in reaching consensus, with ongoing negotiations in Vienna.

What challenges does Iraq face in relation to its oil production amidst the ongoing conflict with ISIS?

Which countries were mentioned as having possible limits or ways out during the Algiers discussions?