OPEC+ Will Position to Extend Production Cuts: Beveridge

The transcript discusses the ongoing drama in OPEC meetings, focusing on production cuts and compliance issues among members. It highlights the risks of a no-deal scenario, particularly with Iran's potential impact on oil prices. Internal tensions within OPEC, especially between the UAE and Saudi Arabia, are also addressed. The market's expectations for oil prices, influenced by investor sentiment and the potential impact of a vaccine on mobility, are explored.

What factors are contributing to the tensions within OPEC?

What is the general outlook for oil prices in the coming year according to investors?