Latest PRO Memo: OPEC+ faces critical decision on next moves

In a new PRO memo, Karen Young dissects the difficult decision ahead for OPEC+ regarding their 2016 production agreement.

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August 2, 2022

OPEC and a set of additional oil producers will meet this Wednesday, Aug. 3, to decide whether it can hold together for longer and at what production targets. This comes at a moment of extreme uncertainty on global demand for oil and Russia’s ability to continue exports as EU sanctions kick in. Karen Young explains the oil cartel’s options in her latest PRO memo.

If you’re a PRO member, you can read the full report here, as well as other memos offering expert insights into topics like:

• Russian Gazprom’s deal with Iran
• The UAE’s cryptocurrency push
• A potential breakthrough for Middle East energy
• The capital influx to Israel
• And much more

Become a PRO member today for a one week free trial and immediately get access to best-in-class business, economic and geopolitical analysis, sourced from the world’s top minds on the Middle East.