Tag Archives: vienna agreement

The Vienna Agreement: conflicting tales of OPEC compliance

The Vienna Agreement: conflicting tales of OPEC compliance
Regan Turner

Regan Turner

Policy Researcher at Politheor
Regan first studied at the Robert Gordon University, where she successfully completed her BA Law and Management and attained a First Class LLB (Hons), followed by a LLM in European Energy and Climate Law specialisation at the University of Groningen and a Diploma of Legal Practice at the University of Strathclyde. Following some professional practice in Scotland and Singapore, and teaching European Environmental Land Law and Delict, Regan is now entering the legal practice as a trainee solicitor in Scotland.
Regan Turner
Share

The Vienna Agreement In November 2016, the 171st Ministerial Conference in Vienna was a welcomed change to the international community’s fight against crippling crude prices. This Agreement obliged 13 OPEC countries to reduce its production by around 1.2 million barrels per day (mb/d) to bring its ceiling to 32.5 mb/d. Eleven non-OPEC nations, specifically Russia, […]

Read More 0 Comments