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Infographic: OPEC+ economic divides complicate oil diplomacy

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Infographic: OPEC+ economic divides complicate oil diplomacy

  • Author
  • Rosemary Griffin    Eklavya Gupte    Anastasia Dmitrieva
  • Commodity
  • Oil
  • Topic
  • Coronavirus and Commodities OPEC+ Oil Output Cuts

The coronavirus pandemic and continuing uncertainty over the demand recovery have hit OPEC+ countries' economies in 2020.

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Some, such as Russia, have taken advantage of fiscal mechanisms and a free floating currency to minimize the damage, while others have been harder hit. As the group meets to discuss current market conditions and coordinated action for 2021, this is how some of the members' key economic indicators compare.

Related story: OPEC+ economic inequalities complicate knife edge oil diplomacy

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Infographic: OPEC+ economic divides complicate oil diplomacy

Compare hundreds of different crude grades and varieties produced around the world with Platts interactive Periodic Table of Oil.