Why Oil Prices Aren't Headed Back to $30 a Barrel

The transcript discusses the importance of an OPEC deal to stabilize the oil market, highlighting the roles of Iran and Saudi Arabia. It examines risks, including economic factors and geopolitical tensions, and explores OPEC's strategies for maintaining market share. The impact on investments and diversification is also covered, with a focus on Abu Dhabi's approach. Finally, it predicts future oil prices if no deal is reached.

What are the key factors that need to be considered for a successful deal among OPEC members?

How has Iran's oil production changed since 2011, and what implications does this have for OPEC negotiations?

What risks are associated with the current oil market dynamics, particularly regarding OPEC and non-OPEC members?

Discuss the impact of oil price fluctuations on investment strategies in the oil sector.

What are the potential consequences if no deal is reached in June regarding oil production?