OPEC Decision Likely to Be Positive to Prices, Says Barclays' Cohen

The transcript discusses OPEC's considerations in adjusting oil supply, focusing on disruptions in Venezuela and Libya, and uncertainties in Iranian supply. It outlines the decision-making process involving technical meetings and seminars. The potential risks include no agreement, which could undermine trust and affect oil prices. The global economy's impact on oil markets is also a concern.

What factors are influencing the OPEC countries' decisions regarding oil supply?

How has the situation in Venezuela affected global oil production?

What is the expected range of oil supply additions discussed by OPEC?

What could be the consequences of OPEC not reaching an agreement on oil production?

What are the potential risks associated with the global economy in relation to oil prices?