OPEC and non-OPEC countries met in Vienna on 6 December 2018, and discussed whether to cut oil production to prop up tumbling prices. This comes amid high output from Saudi Arabia, Russia and the U.S. and slowing demand for oil in several non-OECD countries.
Ahead of this meeting, HCSS Strategic Energy Advisor Lucia van Geuns commented on the geoeconomics and geopolitics of oil surrounding OPEC.
Listen to the interview on the Dutch Radio program “De Wereld volgens Hammelburg” here (from minute 32:50).