December 6, 2022

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Oil – OPEC Saudis & UAE rift

1 min read

Check out this article from Platts, its an opinion piece and points to supply issues within OPEC.

  • plans by the OPEC+ group to lift production could run into many members’ practical limits on how much crude they are able to pump
  • Internal disruptions, political disputes, underinvestment and US sanctions have all contributed to many countries’ inability or unwillingness to drill new wells and invest in infrastructure to keep growing their crude flows.
Check out this article from Platts, its an opinion piece and points to supply issues within OPEC.

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