OPEC's Challenges Mount Ahead of Vienna Talks

The transcript discusses the uncertainty surrounding an OPEC agreement, highlighting the challenges and disagreements among member countries like Iran and Russia. It explores the potential for market rebalancing and the impact of production cuts. The discussion also covers the challenges in balancing oil supply and demand, with a focus on the role of US shale production and OPEC's diminishing market power.

What is the significance of the disagreements among OPEC members?

What are the implications of Iran's participation in OPEC negotiations?

What challenges does OPEC face in balancing the oil market?

How has the US shale revolution impacted OPEC's market power?

What might happen if OPEC cuts production this week?