OPEC+:

GS Paper 2: Topics Covered: Important International institutions.   Context: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman gave a “positive assessment” to their cooperation on the OPEC+ producers group to stabilize the world oil market.   What’s the issue? Saudi Arabia and other major Persian Gulf oil producers have so far …

OPEC+ move to hit recovery:

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   OPEC+  Context: China, the world’s largest crude importer, is non-committal about its intentions to release oil from its reserves on a request from the United States, while OPEC producers were not mulling changing tactics in light of the U.S. action. …