OPEC+ Took Path of Least Resistance: Oil Analyst McNally

The transcript discusses the unfolding crisis and its impact on OPEC meetings, focusing on the relationship between Russia and Saudi Arabia. It highlights the challenges faced by OPEC in balancing production amid geopolitical tensions, particularly the Russian invasion of Ukraine. The discussion also covers the pressures on producers like UAE and Saudi Arabia to increase oil supply in a tight market, despite Russian resistance to favoring the West.

Discuss the implications of the Russian invasion of Ukraine on global oil markets as mentioned in the text.

What are the potential outcomes of the OPEC Plus meeting in light of the current geopolitical tensions?