HomeMediaLatest NewsOPEC+ will continue to bide its time

OPEC+ will continue to bide its time

31 January 2025

Belogoryev Alexey M. Research and Development Director, Director of the Center for Energy strategic analysis and forecasting

Alexey Belogoryev, Research and Development Director of the Institute for Energy and Finance, commented to RIA Novosti and the Prime news agency on the current OPEC+ policy and its possible reaction to Donald Trump's verbal interventions.

"Most likely, no new decisions will be made. There are no reasons for an early meeting yet either. On the contrary, the market situation became even less certain after the introduction of Biden's farewell sanctions against Russian exports on January 10 and the Trump team coming to power in the United States. The best tactic OPEC+ can follow so far is to wait," Alexey Belogoryev said.

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