This month’s dip in oil prices means that it is almost certain OPEC will agree to an extension to its oil output cuts into the second half of this year. But we think Saudi Arabia and the other Gulf countries are likely to resist calls for even deeper cuts.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services