Capacity Constraints Drive the OPEC+ Supply Gap - Dallas Fed

Assuming that the group increases production at the same pace it has in recent months, only a handful of countries in OPEC+ will have spare capacity left by the start of the summer, a number that will dwindle as year-end approaches.

Lutz Kilian, Michael D. Plante and Kunal Patel The growing gap between OPEC+ production quotas and actual oil production has drawn increased attention in recent months because of its implications fo… [+6353 chars]

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