Insight

OPEC+ dilemmas ahead of its 26 November meeting

Get this report*

$1,350

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

When OPEC+ meets on 26 November, it faces the dilemma of a market with weaker oil prices compared with the highs seen in October. Despite relatively firm current fundamentals, prices began declining in late October on reduced fears in the market of the Israel-Hamas war spilling over into a region wide conflict. On 8 November, and again on 16 November, Brent fell below $80/bbl. This Insight addresses some of the risks and fundamentals as OPEC+ gathers. • Upside supply risks in 2024 • OPEC+ options and our base case view • Downside risk to the demand outlook

Table of contents

Tables and charts

This report includes the following images and tables:

What's included

This report contains:

  • Document

    OPEC+ dilemmas ahead of its 26 November meeting

    PDF 1.04 MB