BLOG: OPEC faces difficult decisions on output as pandemic hits again

LONDON (ICIS)–Click here to see the latest blog post on Chemicals & The Economy by Paul Hodges, which looks at the resurgence of the pandemic after the Omicron variant was detected last week.

This had and is to have an impact in crude oil markets, with prices crashing last week, which will force producing cartel OPEC to face difficult decisions regarding its output.

Editor’s note: This blog post is an opinion piece. The views expressed are those of the author and do not necessarily represent those of ICIS. Paul Hodges is the chairman of consultants International eChem.