OPEC+ Will Provide a Floor for Oil Prices, Says APICORP's Benali

The transcript discusses the oil price outlook, highlighting the roles of OPEC and non-OPEC production in setting price floors and ceilings. It examines market reactions to Iran waivers and the potential for US shale production to address supply tightness. The conversation also covers investment trends in the oil sector, with a focus on GDP growth concerns and capital expenditures in the MENA region.

What is the overall sentiment regarding capital expenditures in the oil industry?

What are the expected investments in the oil sector over the next five years?

How are funding mechanisms in the oil sector changing according to the report?