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2 Results
Offshore oil platform at sunrise/sunset
Baker Briefing: Drilling Down on the OPEC+ Oil Production Cuts
OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations. 
David M. Satterfield, Mark Finley, Jim Krane, Kristian Coates Ulrichsen April 5, 2023
Global market trends chart
Natural Gas and Oil Markets Update
The short days and winter storms of January have kept drivers off the roads—lowering the demand for gas and increasing the available supply. Yet, oil prices are still rising as the Russia-Ukraine war continues to disrupt global energy markets. We discuss the latest market trends and developments in global energy markets— including the European Union embargo on Russian oil exports and the price caps that G-7 nations are preparing to set on Russian diesel, kerosene and oil.
David M. Satterfield, Gabriel Collins, Mark Finley, Anna B. Mikulska February 3, 2023