Will OPEC+ begin to reverse large production cuts at its June 1 meeting? In large part, it will depend on whose oil market outlook is closest to the mark, writes Mark Finley, fellow in energy and global oil. He examines several forecasts and outlines the issues in a new commentary.
Mark Finley explains the cost-benefit analysis behind the Saudi government's recent move to pause plans to increase spare oil production capacity — and why spare capacity still equates to power in the oil market.
At least a dozen countries, including the U.S., have suspended funding to the United Nations agency that delivers aid to Palestinian refugees. The cuts fit a long-time pattern of the politicization of refugee aid, write Nicholas R. Micinski and Kelsey Norman.
Nicholas R. Micinski, Kelsey NormanFebruary 1, 2024
When the OPEC+ group met last week and agreed to extend production cuts through the first quarter of 2024, the market was unimpressed. Fellow in Energy and Global Oil, Mark Finley, outlines the meeting’s outcomes and discusses why the recent agreement “could augur a year of difficult meetings ahead” in a new commentary.