The Oilholic is back at Helferstorferstrasse 17, the OPEC secretariat in Vienna, Austria for its 171st meeting of ministers, and boy did a fair few scribes turn-up for this one.
In the considered opinion of yours truly, there haven’t been that many analysts and media people registering for the event since US President George W. Bush called on OPEC to cut production when the oil price was lurking around $147 per barrel in 2008 before it slid below $40 per barrel. Thankfully, the inmitable Jason Schenker, President of Presitge Economics was on hnad to provide some delightful company and some market insight.
Testing times always attract more scribes! Though this humble blogger as many of your recollect has almost, always turned up in what is now coming up to 10 years. More from Vienna shortly folks! Keep reading, keep it ‘crude’!
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