OPEC will present its Monthly Oil Market Report on the 18th of January, at a time when OPEC and non-OPEC members are making their first production cuts in line with the 30th of November deal—the first cut deal in eight years. Four days later, on the 22nd of January, a committee of the world’s largest producers will meet in Vienna to hash out how to monitor compliance with the deal and make sure no one is cheating. In the meantime, the world is watching closely and hanging onto every statement about production cuts. So far, this is where we stand: Saudi Arabia: Leading By Example The Saudis are responsible for about ... (full story)