OPEC Meeting in Algiers: A ‘Deja-Vu’ of Doha Meeting?

 In an interview given to Sputnik, Dr Carole Nakhle comments on the OPEC meeting in Algiers, describing the rather contradictory statements made by some of the organisation’s officials as a ‘deja vu’ of the developments preceding the Doha meeting last year. Dr Nakhle emphasises the importance of commitment and implementation of any agreement. She cautions, however, that the impact of any deal on global oil markets is likely to be limited buying accutane online safe given the fact that inventories are at record high, additional supplies are expected to come on stream including from within OPEC, then there is the US shale reaction, and on the demand side, the outlook is still shaky.

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