OPEC+ Meets on Output Policy

The transcript discusses the OPEC+ meeting, highlighting a dispute between Saudi Arabia and the UAE, which delayed the meeting. The market was expecting no supply increase in early months, but a gradual easing of output cuts is possible. The UAE-Saudi dispute stems from UAE's production capacity and perceived unfair treatment. The US is importing the least Saudi crude since 1985, and the market faces challenges with surplus stockpiles.

What are the expectations for oil supply in January, February, and March according to the market?

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What was the significance of the treatment of the UAE oil minister during the OPEC meeting?

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What challenges does OPEC face regarding surplus stockpiles of crude and refined products?

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