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Oil prices and OPEC+: what decision-makers should watch

Briefing: OPEC+ influences supply in the oil market through production quotas and thereby affects prices.

By the editors3 July 20234 min read

OPEC+ influences supply in the oil market through production quotas and thereby affects prices.

For executives, the main question regarding “Oil prices and OPEC+” is their own exposure: which costs, revenues and financing conditions depend on it, directly or indirectly?

A proven approach is to run scenarios and monitor leading indicators regularly. That puts decisions on a solid footing without reacting to every headline.

The debate around “Oil prices and OPEC+” is not new, but it has grown more urgent since 2022. The energy price shock, the turn in interest rates and geopolitical tensions have called many old certainties into question.

Economists and industry bodies assess the situation in different ways. Most agree, however, that reliable conditions for investment decisions are crucial.