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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

MAY 23, 2016

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. There will always be a need for additional production.

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Saudi Arabia Iran Store Oil 150
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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

JANUARY 11, 2024

We’ve heard about Red Sea supply disruptions before, but these are different than those we’ve experienced in the past. But Somali piracy was largely “solved” by international cooperation and intervention, and is no longer currently a significant impact.

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Yemen Somalia Egypt Africa 52
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