What are the main topics that OPEC is expected to discuss in their upcoming meeting?
OPEC Considers 2019 Production Cuts
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Business, Architecture, Social Studies
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The transcript discusses OPEC's upcoming meeting in Abu Dhabi, focusing on potential production cuts in response to market dynamics. It highlights the role of technical committees in studying options and making proposals. The challenges of convincing non-OPEC countries like Russia to reduce production are noted, alongside concerns about spare capacity and global production issues in countries like Iran, Mexico, Venezuela, and Nigeria.
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1.
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2.
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What concerns does OPEC have regarding demand for oil in the upcoming year?
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3.
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3 mins • 1 pt
How did OPEC's production strategy change earlier this year?
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4.
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What challenges does Saudi Arabia face in convincing non-OPEC countries to reduce production?
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5.
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3 mins • 1 pt
What potential issues are affecting oil production in countries like Venezuela and Nigeria?
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