Energy experts to discuss effects of OPEC+ production cuts on gas prices

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HOUSTON – (April 13, 2023) – A panel of energy industry experts will discuss OPEC+ moving to cut production and other factors that will determine the global oil market’s future in an April 18 event at Rice University’s Baker Institute for Public Policy.

Earlier this month, Saudi Arabia, Russia and other OPEC+ members surprised the market by announcing a large production cut of nearly 1.7 million barrels per day. How will this cut impact the global oil market, investment, economic growth and public policy — and what will it mean for prices at the pump?

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What: Baker Institute event, “What Does the OPEC+ Spring Surprise Mean for Summer Driving?”

Who: Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at the Baker Institute’s Center for Energy Studies; Francisco Monaldi, fellow in Latin American energy policy and director of the Latin America Energy Program; and Claudio Galimberti, North America research director at Rystad Energy. Mark Finley, fellow in energy and global oil at the Baker Institute’s Center for Energy Studies, will moderate.

When: Tuesday, April 18, 8-9:30 a.m. The presentation begins at 8:30.

Where: Rice University’s James A. Baker Hall. The event is free, but registration is required. Click here for in-person registration and here for Zoom registration.

This event is sponsored by the Baker Institute’s Center for Energy Studies and is the latest in the institute’s series of oil and energy market updates. Follow the center on Twitter or LinkedIn and join the conversation online by using the hashtag #BakerLive.