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Wednesday, June 29, 2022

OPEC+: Is it Willing or Capable of Increasing Oil Output amid Biden's Visit?in-depth

Will US President Biden’s visit to the Kingdom pressure Crown Prince Mohammad into further increasing output to ease oil prices, or will OPEC+'s stance remain the same? If OPEC+ further raised production targets, are members of the alliance capable of hitting them? Is Saudi Arabia willing to increase oil production to lower prices? What are the other obstacles that would hinder these production increases? Will the factors acknowledged further in the report lead to a decrease or increase in oil prices?

Tactical Report has prepared a 2048-word (6 pages) In-Depth report to answer all these questions and shed a light on these persisting issues.


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