While much of the US has its eyes glued to March Madness, the oil industry is wondering if there could be a big upset in store from a summit of OPEC and major non-OPEC producers in Doha, Qatar, on April 17. The oil producers will be meeting to finalize a plan to freeze output at January levels, and Platts senior oil editors Brian Scheid and Herman Wang turn their attention to basketball's next season and the next chapter for oil production.
Michael Cohen, head of energy commodities research at Barclays, explains how the Doha meeting will impact supply and prices, including whether US crude exports could fill any void in global supplies. Will the meeting be a slam dunk or an airball, and how will it affect US shale producers?
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