Amrita Sen: Oil May Hit $20s If No OPEC Deal

The transcript discusses the uncertainty surrounding an OPEC deal, highlighting the challenges and expectations for upcoming meetings in Moscow. It explores Saudi Arabia's position on oil cuts, emphasizing the political dynamics with Iran and Iraq. The potential market implications of failing to reach a deal are also considered, with concerns about oil prices and the perception of OPEC's effectiveness.

What implications could a failure to reach a deal have on oil prices?

In what ways might political factors influence the outcome of the OPEC negotiations?