Bell: OPEC Will Focus On Oil Pick Up in 2H21

The video discusses OPEC's production policy, focusing on the gradual recovery in oil demand and the potential impact of Iran re-entering the oil market if the JCPOA is reinstated. It highlights the current oil market dynamics, including pricing and regional production trends, and explores the possibility of OPEC imposing quotas on Iran. Additionally, it examines Saudi Arabia's economic strategy in response to oil market volatility and its impact on the country's reserves.

How does the pace of change during the pandemic affect the oil market?

What challenges might Iran face in joining the OPEC production quota system?

What is the significance of the drop in Saudi Arabia's reserves?