Output and investment set to rise as Opec+ contemplates Iran and transition


In depth
Issue 1127 - 03 Jun 2021 | 5 minute read

Crude trading at over $70/bbl speaks well for the Opec+ group’s cohesion, enforced by Saudi Arabia and its allies, with quota arrangements well assured until end-July at least. But myriad challenges remain, in the short term led by the prospects of a revived Iran nuclear deal – which would require a carefully calibrated response as sanctions on crude sales are lifted – and in the longer term (but no longer the distant future) the challenge of energy transition.

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News