Former BP CEO Browne Says Oil Cuts Are Important for OPEC

The transcript discusses OPEC's efforts to moderate oil supply amidst a global surplus, highlighting the organization's compliance and market impact. Former BP CEO John Brown shares insights on OPEC's relevance, the efficiency of fracking technology, and the Russia-OPEC coalition. The discussion also touches on future oil price predictions and the challenges of maintaining market stability.

What factors contribute to the efficiency of the fracking industry?

What are the implications of the recent rapprochement between Russia and OPEC?