OPEC

OPEC Capacity Growth To Remain Muted Through 2018
 
With OPEC ministers set to meet in Vienna next week, there is one issue that is sure to dominate: that of the producer group’s 30mn b/d output ceiling, and whether or not it should be revised. OPEC Basket prices have dropped to just below $100/B after hitting $115/B in mid-February, leaving some OPEC members concerned that this trend could continue should no action be taken.
 
Iran, somewhat unsurprisingly, has...