What to expect from OPEC in Vienna

Thina Saltvedt
17-05-23 12:46 | Nordea podcasts | Nordea podcasts

All eyes are on OPEC’s 25 May meeting in Vienna, where the coalition will decide whether to extend its oil production cuts. OPEC faces a tough balancing act: On the one hand, it needs to extend the cuts and maybe go even further to achieve its goal of reducing the global supply glut. On the other hand, higher oil prices drive up US shale production. Will OPEC strike the right balance? In this podcast, oil analyst Thina Saltvedt takes us through Nordea’s predictions for this critical meeting, which will shape the oil price outlook going forward.

And don’t miss our webinar after the meeting on Monday 29 May at 10:00 CEST. Sign up here

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