Will Non-OPEC Members Rein In Oil Production?

The video discusses the challenges and dynamics of implementing production cuts among non-OPEC countries, focusing on Russia and Oman as key players. It highlights investor concerns about the effectiveness of these cuts and the potential impact on oil prices. The video also covers the role of Saudi Arabia and Iran in OPEC meetings and the resistance from other non-OPEC countries like Norway and the US.

In what ways might the effectiveness of the oil production agreement be diminished according to the discussion?

Which countries are identified as resistant to joining the oil production agreement, and what implications does this have?