The Oil Manual - OPEC: Willingness vs Ability | I3investor

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The Oil Manual - OPEC: Willingness vs Ability

StockFanatic

Publish date: Fri, 22 Jun 2018, 12:05 PM

Historically, OPEC has rarely increased its quota unless production was already ahead. Also, the current quota is high enough to accommodate a large output increase. Hence, a quota increase seems unlikely. Still, production is likely to creep higher but only modestly as Iran and Venezuela weigh.

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