OPEC leaders meet - what's at stake? #oil #politics

This week, oil executives and officials from some of the world's largest oil producers, countries like Saudi Arabia and Nigeria are gathering in Vienna, where OPEC, the Organization of the Petroleum Exporting Countries, is headquartered. We are coming off the most volatile period for oil in the last couple of years after that 12-day war between Iran and Israel. Volatility.You saw a massive geopolitical premium get priced into the oil curve. And here we are. Pretty much all of that geopolitical premium was w ...