Listen: OPEC vs OPEC – How the oil drama may unfold – MENAFN.COM

Listen: OPEC vs OPEC – How the oil drama may unfold – MENAFN.COM

(MENAFN - ING)OPEC+ called off its meeting this week without an agreement to increase oil supplies. Some market participants still expect a deal to be struck but others say the spat could lead to a price war. In this podcast , ING's Warren Patterson shares his thoughts on the oil group's next move, and what it could mean for prices Download article as PDF Stay up to date with all of ING's latest economic and financial analysis. OPEC's decision to end its meeting without a deal this week sent Brent to a three-year high and WTI to levels not seen since 2014. Since then, prices have fallen back but the disagreement has left the oil market in limbo. In this podcast, ING's Head of Commodities Strategy Warren Patterson explains why he thinks a compromise is more likely than a price war. Legal Disclaimer: MENAFN provides the information "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.