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Thursday, November 10, 2022

Saudi Prince Abdulaziz: Three conditions to increase OPEC+ oil productionnote

Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz says that the build-up of spare capacity due to deep OPEC+ production cuts has given the cartel room to maneuver in the coming months.

Prince Abdulaziz reportedly believes it is also possible that OPEC+ may ease its supply cuts in the coming months but that there are several conditions before such easing can take place.

Tactical Report has prepared a 347-word report to highlight Prince Abdulaziz’s OPEC+ views and his willingness to increase oil production under specific circumstances. 


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