Event Details

Late 2018

Description

OPEC cut production to reduce oversupply and arrest oil price decline

Participants (1)

Name Type Mentions
OPEC organization 32 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_026958.jpg

Presentation Slide / Financial Report • 1.12 MB
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This document is a presentation slide (page 14) from the Goldman Sachs Investment Management Division, bearing a House Oversight Committee Bates stamp. It provides a macroeconomic analysis of global oil production as of roughly April 2019, arguing that spare production capacity is adequate due to US growth and the ability of OPEC nations (Saudi Arabia, UAE, Kuwait, Iraq) to increase production if necessary. While stamped as part of a House Oversight investigation (likely related to document productions involving financial institutions), the content itself is purely market analysis and contains no direct references to individuals.

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Event Metadata

Type
Unknown
Location
Global
Significance Score
5/10
Participants
1
Source Documents
1
Extracted
2025-11-20 20:34

Additional Data

Source
HOUSE_OVERSIGHT_026958.jpg
Date String
Late 2018

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