OPEC'S Barkindo: Working to Relieve ‘Stubbornly High’ Oil Stocks

The transcript discusses OPEC's focus on market stability post-2020, emphasizing the need for monthly meetings to manage market uncertainties. It addresses the potential impact of the new US administration and the JCPOA on oil supply, and the risks posed by Shell's return to the market. The dialogue highlights the shared responsibility of maintaining market stability and the challenges in securing investments for the energy sector amid the transition to sustainable energy sources.

What strategies did OPEC implement to maintain market stability?

How did OPEC's approach to Iran's oil production change after the JCPOA?

What concerns did the industry express regarding the energy transition?