OPEC+ Faces Major Challenges in 2025 | Presented by CME Group

Despite an ongoing series of production cuts, rolled out with military precision since 2023, OPEC+ has watched the price of crude oil deteriorate throughout 2024. The coming year will offer a raft of challenges for the 22-member regulatory body, mainly from potential oversupply due to increased production from outside its ranks simultaneously with faltering global oil demand. How will OPEC+ confront these challenges? 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