Tuesday, June 9, 2026
Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says - Oil&Gas360

OPEC Meeting: Too Close to Call

Iran and Iraq Rivalry Will Decide the Outcome The chance of a credible OPEC agreement this Wednesday is 50-50, or a coin-flip according to a recent report by Societe Generale analyzing OPEC’s complex negotiations since its September 28 Algiers meeting. Optimism for a deal has fallen due to Iran and Iraq’s resistance to curbing their output, Saudi Arabia and the