Insight
Political risk and spare productive capacity
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Report summary
OPEC spare productive capacity is a crucial oil market indicator, showing how much production could be brought online if supply was curtailed by a political event or major outage. It is currently running at high levels due to OPEC+ production restraint which is having an impact on the market’s reaction to political risk. In this Insight, we explore OPEC spare capacity. Highlights include: • Latest assessment of OPEC spare productive capacity • We introduce an estimate of OPEC+ spare capacity • Updated political risk map • The impact of ample unused capacity on the market
Table of contents
- Political risk and spare productive capacity
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