OPEC May Call Extraordinary Talks

The video discusses the market pressures from Libya and Nigeria, the impact of currency fluctuations, and the informal talks aimed at market stabilization. It highlights OPEC's challenges, including predictions of non-OPEC supply increases and the pressure to make tangible decisions. The potential for extraordinary meetings and the role of Venezuela in stabilizing markets are also covered.

What challenges does OPEC face in stabilizing the oil market?

What is the significance of the upcoming OPEC meeting at the end of November?