The new US administration may be insisting that domestic producers “drill baby, drill,” but OPEC+, which controlled 41% of global oil production in 2024, remains unmoved. OPEC+ didn’t make any changes to existing production plans at its review meeting on Feb. 3, despite calls for lower prices by US President Donald Trump. How will the stand-off impact global oil markets? 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
