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With fate of supply cut agreement at stake, has OPEC lost its oil market grip?

Commodities | Electric Power | Electricity | Energy | Nuclear | LNG | Natural Gas | Natural Gas (European) | Oil | Crude Oil | Refined Products | Fuel Oil | Gasoline | Jet Fuel | Petrochemicals | Olefins

Market Movers Europe, Jan 24-28: Commodities remain on knife edge despite reduced gas price driver

Energy | Oil | Crude Oil

Platts Crude Oil Marketwire

Energy | Oil | Petrochemicals | Olefins | Polymers | Crude Oil

Asian Refining and Petrochemicals Summit

Energy | Electric Power | Metals | Electricity | Non-Ferrous | Steel

Britishvolt signs two-year agreement with UKBIC to manufacture nickel-rich EV batteries

Energy | Energy Transition | Oil

Fuel for Thought: Alaska officials hit the road to make the case for oil, gas investment

Listen: With fate of supply cut agreement at stake, has OPEC lost its oil market grip?

After weeks of uncertainty, OPEC and its allies will meet July 1 and 2 in Vienna and the fate of the 1.2 million b/d production cut agreement will be the key item on the agenda.

On today's Platts Capitol Crude, Spencer Dale, BP's chief economist, discusses the impact of the OPEC+ supply cut agreement on the global market, why demand means so much more than supply to oil prices and whether OPEC's influence is waning in the days of US shale oil.

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