OPEC+ Faces Major Challenges in 2025 | Presented by CME Group
November 27, 2024
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1:10Now PlayingOPEC+ Faces Major Challenges in 2025 | Presented by CME Group
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as posted by the channelDespite an ongoing series of production cuts, rolled out with military precision since 2023, OPEC+ has watched the price of crude oil deteriorate throughout 2024. The coming year will offer a raft of challenges for the 22member regulatory body, mainly from potential oversupply due to increased production from outside its ranks simultaneously with faltering global oil demand. How will OPEC+ confront these challenges? Presented by @cmegroup
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