# The Dilemma Continues: OPEC choices amid high uncertainty - Oxford Institute for Energy Studies

> The Oxford Institute for Energy Studies outlines a range of views on OPEC's options amid uncertainty over demand, US shale supply and the US-China trade war. Bulls expect a demand rebound and a supply squeeze, while bears expect shale to respond to higher prices. The paper argues OPEC should resist reacting to daily signals and keep current cuts.

- Date: 2019-11-04 · published 2019-11-04T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/55955-the-dilemma-continues-opec-choices-amid-high-uncertainty-oxford-institute-for
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The analysis frames the balance of OPEC policy and shale response that will drive crude prices over 2020. Its recommendation to maintain cuts supports the price view but the outcome remains uncertain.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-02-01 | [OPEC+ keeps output steady amid uncertainty on China and Russia](https://feedsoft.ai/events/37228-opec-keeps-output-steady-amid-uncertainty-on-china-and-russia.md) | -0.8% | -0.5% |
| BRENT | 2018-03-05 | [Opec to Mull Exit Strategies for Output Deal \| Energy Intelligence](https://feedsoft.ai/events/65932-opec-to-mull-exit-strategies-for-output-deal-energy-intelligence.md) | +1.6% | +6.2% |
| BRENT | 2025-12-01 | [OPEC+ sticks to its 'all is fine in oil' mantra, but uncertainty rises \| Reuters](https://feedsoft.ai/events/21423-opec-sticks-to-its-all-is-fine-in-oil-mantra-but-uncertainty-rises-reuters.md) | +0.7% | -1.8% |
| BRENT | 2022-12-04 | [OPEC keeps oil supply cuts amid uncertainty of Russian sanctions - Los Angeles Times](https://feedsoft.ai/events/38142-opec-keeps-oil-supply-cuts-amid-uncertainty-of-russian-sanctions-los-angeles.md) | -11.4% | -5.6% |
| BRENT | 2017-06-03 | [Opec in dilemma over output cut extension: QNB \| The Peninsula Qatar](https://feedsoft.ai/events/70396-opec-in-dilemma-over-output-cut-extension-qnb-the-peninsula-qatar.md) | -3.7% | -3.5% |
| WTI | 2023-02-01 | [OPEC+ keeps output steady amid uncertainty on China and Russia](https://feedsoft.ai/events/37228-opec-keeps-output-steady-amid-uncertainty-on-china-and-russia.md) | -2.2% | -1.7% |
| WTI | 2020-05-06 | [Indonesia to discuss how to continue biodiesel program amid falling fuel prices, ETEnergyworld](https://feedsoft.ai/events/52994-indonesia-to-discuss-how-to-continue-biodiesel-program-amid-falling-fuel-prices.md) | +4.9% | +51.9% |
| WTI | 2022-12-04 | [OPEC keeps oil supply cuts amid uncertainty of Russian sanctions - Los Angeles Times](https://feedsoft.ai/events/38142-opec-keeps-oil-supply-cuts-amid-uncertainty-of-russian-sanctions-los-angeles.md) | -11.1% | -3.8% |

## Sources

- oxfordenergy.org: https://www.oxfordenergy.org/publications/the-dilemma-continues-opec-choices-amid-high-uncertainty/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.