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What Does The Next OPEC Meeting Have In Store?

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The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. by Rakesh Upadhyay for Oilprice.com. million barrels per day (bpd).

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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percent in 2016. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing. Even with massive deficit spending, the IMF estimated GDP growth would slow from 3.6