Video – OPEC Production Scenarios for 2017

Welcome to 2017!  For oil markets, the discussion over the next few months will center on how closely OPEC and their non-OPEC partners are complying with the production cuts they agreed to at the end of 2016.

The following video outlines the supply and demand situation under three different scenarios: no cut, an OPEC only cut, and the current agreement, where both OPEC and non-OPEC producers meet their commitments to cut production in early 2017.