OPEC Faces a Difficult Balancing Act | Presented by CME Group

With crude oil prices slipping to a one-year low at the outset of September, OPEC+ has agreed to extend the rolling series of production cuts it first introduced in May 2023. But it appears increasingly likely that further, more drastic cuts will be required to counter the dire growth data emerging from China and increasing uncertainty in the US. Will OPEC be able to strike a balance? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight