BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  The End of the ‘OPEC Put’ And Signals of OPEC+ Unwinding?

The End of the ‘OPEC Put’ And Signals of OPEC+ Unwinding?

Emma Richards, Associate Director, Oil & Gas, BMI

19-Jun-24 12:00

The End of the ‘OPEC Put’ And Signals of OPEC+ Unwinding?

Enterprise Explores OPEC+ and its new strategy, which includes extending production cuts and publishing an 18-month output schedule for key members. Despite efforts to stabilize the market, oil prices continue to slip, reflecting complex market dynamics and potential internal tensions within the group.

Formed in 2016, OPEC+ is a group of oil producing nations consisting of members of The Organization of the Petroleum Exporting Countries (OPEC) as well as other Non-OPEC oil-producing nations such as Russia.

Joining us to break down the details and implications of these announcements is Emma Richards, Associate Director of Oil & Gas at BMI. We will explore OPEC+'s shift towards defending market share amid evolving global energy dynamics and the transition towards renewable energy. Tune in for expert insights on the strategies and broader impacts of OPEC+'s latest moves.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economymarketsenvironmentinternational

Tags:  energy strategyopecopec+oil marketproduction cutsrenewable energyoil prices





Play / Pause

Listen now : World Market Watch:Michele Schneider, Chief Strategist, Market Gauge

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Michele Schneider, Chief Strategist, Market Gauge

7:15 AM

Morning Brief

7:30 AM

Morning Brief

Mark J. Rozell, Dean, Schar School of Policy and Government, George Mason University

7:45 AM

Top Story

Vasu Menon, Managing Director, Investment Strategy, OCBC

8:00 AM

The Breakfast Grille

Marie Owen Thomson, Senior Vice President for Economics & Sustainability, IATA

8:30 AM

Morning Brief

Ramkarpal Singh, Former Deputy Minister, Prime Minister's Department

8:45 AM

Morning Brief

9:00 AM

Opening Bell

[REPEAT] Michele Schneider, Chief Strategist, Market Gauge

9:15 AM

Opening Bell [REPEAT]

Vasu Menon, Managing Director, Investment Strategy, OCBC

9:35 AM

People, Planet, Profit

Dr. Asad Ata, Associate Professor, Asia School of Business

10:05 AM

Open For Business

TBC

11:00 AM

Marketing Mojo

Understanding and Leveraging the Sales and Marketing Funnel

12:00 PM

Enterprise Explores

Yong Kai Ping, CEO, Selangor Information Technology & Digital Economy Corporation (SIDEC)

1:00 PM

The Breakfast Grille Repeat

Marie Owen Thomson, Senior Vice President for Economics & Sustainability, IATA

2:05 PM

Discovery Hour

Happily Ever After? #2: Sinful Fairy Tales [REPEAT]; Sheldon Cashdan, Child Psychologist & Author

3:05 PM

Beyond the Ballot Box

Malaysia Must Push For Peace & Justice For Rohingyas; Ro Nay San Lwin, Rohingya Activist | Tun Khin, President of Burmese Rohingya Organisation of the UK

4:05 PM

Health & Living

Mind Matters: How Divorce Affects Children; Dr Nicole Chen Lee Ping, Registered Counsellor

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

8:00 PM

Front Row [REPEAT]

9:00 PM

Bar None