OPEC+ Peak Oil Demand Split Fuels Tension: Morgan Stanley

The video discusses OPEC's strategic challenges in balancing short-term production cuts with long-term market share preservation. It highlights the potential peak in oil demand in the 2030s and the resulting competition for market share. The future of OPEC is uncertain, with possibilities of countries leaving or joining the cartel. Shale production in the U.S. also plays a significant role in influencing OPEC's decisions, as changes in rig counts and oil prices affect market dynamics.

What are the two main considerations OPEC faces regarding oil production?

What is the significance of oil demand peaking in the context of OPEC's future?

How does the concept of market share influence OPEC's decisions?

What factors contribute to the tension within OPEC regarding short-term versus long-term strategies?

Discuss the potential outcomes for OPEC if countries start leaving the organization.

How has the decline in production affected OPEC's oil policy?

What role does the U.S. horizontal rig count play in influencing OPEC's decisions?