It would seem that an aggregate increase in production for OPEC+ of between 500,000 bpd and 1 million bpd is the range that is being considered. Harry Tchilinguirian More Quotes by Harry Tchilinguirian More Quotes From Harry Tchilinguirian Will they maintain cuts or go deeper? If OPEC doesn't budge, we'll see a significant stock build in the first half. Harry Tchilinguirian business Essentially we've had a range bound market for the last nine sessions due to the lack of clarity on these two key issues. Harry Tchilinguirian business It would seem that an aggregate increase in production for OPEC+ of between 500,000 barrels per day (bpd) and 1 million bpd is the range that is being considered. Harry Tchilinguirian company-news While the latest draw and the recent slowdown in weekly builds in crude stocks have been seen as positive for the oil price, crude stocks remain exceedingly high. Harry Tchilinguirian energy It is unlikely that a trend in crude stock declines will take hold just yet. Harry Tchilinguirian energy King Salman was already involved in policy making prior to the passing of the king, so from that perspective, if he helped set the agenda, he will maintain that agenda. Harry Tchilinguirian energy
