OPEC Remains Committed to Algiers Accord: Barkindo

The transcript discusses the anticipation surrounding OPEC's production quotas amid a market rally before the US election. Key players like Saudi Arabia, Russia, and Iran are highlighted as crucial to reaching an agreement. The Abu Dhabi convention has become a focal point for discussions on OPEC's role in stabilizing oil prices. Big Oil companies emphasize the importance of OPEC's decisions for market stability. Saudi Arabia faces tough choices regarding market share and economic challenges as it leads potential production cuts.

What is the significance of the OPEC meeting scheduled for November 30th?

How do industry leaders perceive OPEC's role in stabilizing the oil market?

What was the reaction of the Omani Energy minister regarding OPEC's decisions?

What expectations do oil industry professionals have regarding new quotas from OPEC?

What challenges does Saudi Arabia face regarding its market share and oil prices?