Will it be six months or nine months? Some ministers unconvinced of need to keep cuts for full 2018 Lack of agreement on how long stock surplus will last: Falih Analysts divided on what to expect from Thursday’s meeting OPEC and its 10 non-OPEC allies appear to be debating between the two options for extending its 1.8 million b/d supply cut deal past its March expiry, as they prepare to meet Thursday in the Austrian capital. Which option wins out will largely determine the direction of prices and the pace of recovery of US shale. Citigroup’s head of commodities research Ed Morse warned Tuesday that global oil prices could plunge by up to $8/b if the OPEC/non-OPEC coalition disappoints traders by not extending the deal for nine months through the end of 2018. “The issue is not so much whether the market is going to sell off, the question […]