The Crude Report: Next steps for Opec+

As the fallout from Russia’s invasion of Ukraine continues to impact oil markets, Opec+ producers are restoring the last of the production cuts agreed in 2020 in the face of the Covid-19 pandemic. But with countries rich and poor struggling with rising fuel prices, the pressure is on to do more – especially with a high-profile visitor due in Saudi Arabia later this week. In this episode of The Crude Report, our Middle East Editor Nader Itayim and Editor-in-Chief Jim Washer discuss where Opec+ output policy goes next, the alliance’s anxieties over limited spare capacity, and what to expect from US President Joe Biden’s forthcoming trip to the Mideast Gulf. Learn more about the Argus Crude report