Just how fragile is the GCC consensus?

The third GCC Media Forum in Abu Dhabi last week flashed a glimmer of light on the inner political workings of the six-month Opec and non-Opec production cut deal and portends a potential extension.

Following the arrival of the prerequisite Saudi Arabian oil minister Khalid al-Falih, the GCC energy ministers convened in a majlis on the sidelines of the forum and hashed out a settlement that will see the block unanimously support extending production cuts into the second half of this year.

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