Removing 1.3M Barrels a Day Will Put Solid Floor Under Prices, Says IHS's Diwan

The video discusses the strategies of OPEC and Russia in managing oil production and market expectations. It highlights the impact of geopolitical factors and US shale growth on oil prices. The challenges of stabilizing the market amidst volatile equity markets and demand concerns are also explored.

What strategies are being discussed regarding OPEC's approach to market expectations?

How does the geopolitical landscape influence OPEC's negotiations?

What is the significance of Russia's oil production in relation to OPEC's output?

What challenges does the shale oil production present to OPEC's management?

In what ways has demand for oil been affected by global economic conditions?