Skip to main content

Is OPEC likely to call an extraordinary meeting?

We doubt that there will be an extraordinary meeting of OPEC anytime soon and, even if there is, policy is unlikely to change. The cartel’s current strategy of tolerating price falls to protect market share over the longer term appears to be working. Indeed, prices have started to recover. OPEC’s most powerful member, Saudi Arabia, has also signalled it is relatively happy with the current situation.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access