Opec, Saudi Arabia, Russia discussed on BTV Simulcast


The last few hours and it basically shows you that they have cut back and gdp goes of course the key code for clients pull up what happens next exactly as we race towards the june meeting for opec nonopec a lot of discussion a lot of horse trading on a nail biting and sweating i think because this is not going to be an easy opec meeting the saudis and the russians have signaled the direction that they want to go in you know the devil is in the details is the quiz show which is so true here because they're going to be asking themselves the questions do we get out of this plan to cut do we simply try to respect the targets that we've set which would mean bringing production back up to to to a level that that opec said it was targeting but who puts that oil back on that's the really the question saudi arabia's got spare capacity russia's got spare capacity but are the other opec member is going to be content with allowing some of those big producers took pump more and that brings the price potentially down for everyone so a producer that can't pump more is going to be getting less money especially given the fact that they have rallied around in terms of compliance everybody's done the hard working hard lifting and let's see where it goes who gets to turn on the top of the most filipov today the power that is our an energy reporter joining us myself just ahead it is one year since contras neighbors imposed a boycott rich nation but often november seventeen what are the qatari stocks go as next this is bloomberg to be a successful entrepreneur the expertise of the best and most prosperous entrepreneurs is a big advantage in think bigger real estate developer michael sonnenfeldt reaches out to his network of entrepreneurs and.

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