The withdrawal of the US from the Iranian nuclear deal (see p8) has major ramifications for the ongoing Opec+ production agreement. Until this week Opec’s dominant narrative was that despite progress, the market remained unbalanced, raising the prospect of an extension beyond end-2018. But with the possibility of Iranian output falling as buyers cut back this narrative is swiftly changing.
MARKET STABILITY...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!