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2025 is a Highly Unpredictable Year For OPEC+
Another year, another set of challenges and dilemmas for OPEC+. The group is set to start unwinding its oil production cuts, but it will have to contend – once again – with many uncertainties and be ready to react to unpredictable events in 2025. From demand concerns to supply uncertainties, OPEC+ has its work cut out for this year, too. The alliance of OPEC and a dozen non-OPEC producers led by Russia will closely watch several major factors for global oil markets this year. These include whether China’s oil demand will rebound in 2025 following lackluster consumption and imports last year, how the incoming ... (full story)
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- Posted: Jan 16, 2025 11:01pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 137
