OPEC Looking at New Ways to Confirm Compliance

The video discusses the complexities of monitoring exports within OPEC and non-OPEC countries, highlighting the importance of export data in understanding compliance levels. It explores the challenges faced by countries like Saudi Arabia in balancing domestic demand with export monitoring. The evolution of OPEC into a more complex organization with diverse data sources is examined, along with the impact of deliberations on market dynamics, such as the influence of Kuwaiti ministers' comments on Brent crude prices.

In what ways is OPEC trying to increase its credibility?

What was the impact of the Kuwaiti minister's comments on Brent crude prices?