OPEC vs OPEC: How the oil drama may unfold
ING THINK aloud9 Heinä 2021

OPEC vs OPEC: How the oil drama may unfold

OPEC+ called off its meeting this week without an agreement to increase oil supplies, sending Brent to a three-year high and WTI to levels not seen since 2014. Since then, prices have fallen back with some market participants still expecting a deal to be struck while others say the disagreement could lead to a price war. In this podcast, ING's Warren Patterson shares his thoughts on OPEC's next move, and what it could mean for prices.

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