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Full OPEC “Deal Or No Deal” Guide

Having a difficult time keeping up with the OPEC "to freeze or not to freeze" headline hockey? I am too, which is why I typically try to cut through the bullshit by framing the entire thing as a manifestation of the region's never ending sectarian hostilities. For those interested, here's the latest on where each country stands on the freeze/cut issue (via Bloomberg): OPEC SECRETARIAT OPEC Secretary-General Mohammed Barkindo says Monday in Bloomberg TV interview that producers “on course” to deliver deal next month; Iraq firmly committed to Algiers accord, confident non-OPECwill contribute Barkindo: freeze or cut is “mere semantics” OPEC secretariat said Saturday that Vienna talks were constructive, need more frequent consultations in November toward implementation of Sept. 28 Algiers deal that aims to limit OPEC supply to 32.5m-33m b/d NOTE: OPEC officials met Friday in Vienna, then held talks Saturday with non-OPEC nations Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and Russia READ: OPEC splits prevent deal with other producers IRAQ: Consistent with its view that secondary-source production est. are inaccurate, Iraq’s state marketing agency on Sunday rele
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1 comment on “Full OPEC “Deal Or No Deal” Guide

  1. […] For more on where OPEC stands, see the full rundown posted on Monday. […]

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