Energy Intelligence Group reporter Amena Bakr said on social media that OPEC+ will hold a meeting today at 1 p.m. Vienna time. Outsiders generally expect the policy to remain unchanged, that is, there will be no increase in production in the first quarter. It's important to note that OPEC+ will not respond to changes in the political situation unless there is an immediate change in supply or fundamental changes. It is true that Venezuela has the highest proven oil reserves in the world, but we can only wish them the best of luck to American international oil companies that may venture into this “minefield” of capital consumption.

Energy Intelligence Group reporter Amena Bakr said on social media that OPEC+ will hold a meeting today at 1 p.m. Vienna time. Outsiders generally expect the policy to remain unchanged, that is, there will be no increase in production in the first quarter. It's important to note that OPEC+ will not respond to changes in the political situation unless there is an immediate change in supply or fundamental changes. It is true that Venezuela has the highest proven oil reserves in the world, but we can only wish them the best of luck to American international oil companies that may venture into this “minefield” of capital consumption.