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No Winners From OPEC+ Impasse

Salih Yilmaz, Oil Analyst, Bloomberg Intelligence

08-Jul-21 07:30

No Winners From OPEC+ Impasse

The UAE is blocking an extension of the OPEC+ deal to gradually increase oil production until the end of 2022, arguing that its quota is unfair. As a result, oil prices have hovered at multi-year highs, but how sustainable is this trend? We discuss the outlook for oil markets and whether we’ll ever see a return to USD100 per barrel levels with Salih Yilmaz of Bloomberg Intelligence.

Image credit: pixabay.com

Produced by: Philip See & Shazana Mokhtar

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar


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Categories:  PoliticsSocial IssuesBusiness AnalysisAutoTrends and ForecastsMarketsEnvironmentSciencelaw & legal mattersInvestments

Tags:  oilpricestocksinvestmentscovid-19OPECoil and gasUAE





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