OPEC+’s production cut agreement implementation progress remains in ongoing tug-of-war. The compensation schemes among member countries are entangled—aiming to offset previous excess production and also compensate for even earlier excess output, creating a cyclical situation that persists.
Current oil prices: Brent crude at $59 per barrel, WTI crude at $55 per barrel.
This uncertainty and complex supply dynamics continue to impact the global energy market, thereby affecting macroeconomic expectations and the valuation of risk assets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
8
Repost
Share
Comment
0/400
TaxEvader
· 3h ago
OPEC is back to bickering with each other. When will this cycle of compensation and re-compensation finally come to an end?
View OriginalReply0
HodlOrRegret
· 3h ago
Haha, OPEC+ is shifting the blame again, compensations upon compensations, confusing everyone.
Who can stand such a surge in oil prices? How can energy stocks still perform?
The production cut agreement is just talk on paper; in the end, it all depends on Saudi Arabia's mood.
$55 per barrel is really outrageous. If this pace continues, the energy crisis will come before the economy collapses.
OPEC+ can't even control itself. Where's the promised execution? Laughing to death.
View OriginalReply0
BagHolderTillRetire
· 01-08 08:53
OPEC+ these guys really just keep trying to fix things but can't get it right, and now the oil prices are completely out of control.
View OriginalReply0
RooftopVIP
· 01-07 21:52
Here we go again, OPEC+ is still bickering with each other
With oil prices swinging so unpredictably, who dares to hold a heavy position
Compensation, compensation, until when will this end
Watching these oil prices just makes me annoyed, who is really in charge
The promised production cuts, but it's still the same old story, hilarious
View OriginalReply0
AmateurDAOWatcher
· 01-07 21:50
Basically, everyone is doing their own thing, and no one really wants to cut production.
With oil prices so unstable, do they really expect it to stabilize? Dream on.
OPEC+ infighting, and in the end, retail investors are the ones who suffer.
The compensation plan keeps going in circles, it just feels like self-deception.
Anyone in this situation would be overwhelmed.
View OriginalReply0
LiquidityHunter
· 01-07 21:43
The $4 spread between Brent and WTI... interesting. Is there an arbitrage opportunity in this liquidity gap during late night?
View OriginalReply0
OnchainHolmes
· 01-07 21:24
With oil prices so low, OPEC+ is still bickering among themselves, truly hilarious.
View OriginalReply0
WhaleSurfer
· 01-07 21:24
OPEC is arguing again. To put it simply, no one really wants to cut production. Trying to compensate over and over is still a joke.
OPEC+’s production cut agreement implementation progress remains in ongoing tug-of-war. The compensation schemes among member countries are entangled—aiming to offset previous excess production and also compensate for even earlier excess output, creating a cyclical situation that persists.
Current oil prices: Brent crude at $59 per barrel, WTI crude at $55 per barrel.
This uncertainty and complex supply dynamics continue to impact the global energy market, thereby affecting macroeconomic expectations and the valuation of risk assets.