The past week has been dominated by the OPEC+ meeting and, while it has highlighted growing tensions with the cartel, it seems that the group is edging towards an agreement that involves a small rise in output from the start of next year. Elsewhere, reports suggest that Saudi Arabia may soon lift its blockade on Qatar, but the economic recovery will hinge more upon an effective COVID-19 vaccine and stronger global energy demand. Finally, Morocco looks set to renew its precautionary and liquidity line with the IMF.
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