Are OPEC meetings expected to affect oil production?

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The global oil production alliance OPEC+ is meeting this week to discuss its output as countries ban Russian oil over the country's war in Ukraine. Meanwhile, OPEC members Saudi Arabia and the United Arab Emirates have rejected calls to expel Russia from the larger alliance. Helima Croft, the global head of commodity strategy for RBC Capital Markets, joined "CBS News Mornings" from Dubai, United Arab Emirates, to discuss.

  1. CBS News
  2. Saudi Arabia
  3. United Arab Emirates
  4. OPEC
  5. oil industry
  6. oil prices
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Комментарии
Автор

The only thing that will be discussed at an OPEC meeting his how to maximize profits.

Kaisermb
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doubt it will affect production but will probably raise prices even higher.

krl
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I’m sure it will affect prices. It will probably go up because the oil company’s know they can charge whatever they want and no one will stop them.

Nullzeros
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OPEC isn’t able to produce more? I doubt that’s true. Just like Europe is trying to wean themselves off Russian oil and gas so should the US wean themselves off Saudi Arabia.

NomadJoe
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This government has lost their mind, we are going broke because of Ukraine wtf, bring back trump .

adva
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