Julius Baer Research | Non-OPEC producers under the lead of Russia will join OPEC’s supply cuts, which was necessary for the deal to become effective. With the paperwork done, oil producers must now walk the talk. There are many buts and ifs and we remain sceptical if compliance with the quotas is sufficient to materially shift the oil market’s balance
iran’s OPEC place
UBS | Given the re-emerging importance of Iran, we spent time digging into the operating environment in Iran and speaking with oilmen on the ground there.