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Here's where each of the 12 OPEC members stand ahead of this week's meeting

Here's where each of the 12 OPEC members stand ahead of this week's meeting
Stock Market1 min read

Saudi Arabian Oil Minister Ali al-Naimi OPEC

REUTERS/Jassim Mohammed

Saudi Arabian Oil Minister Ali al-Naimi attends a meeting of Gulf Cooperation Council oil ministers in Kuwait.

OPEC, the 12-member oil cartel, is meeting once again to discuss their game plan for production on Friday in Vienna.

But while the cartel's decisions over the past year looked pretty clear-cut, things aren't on such firm ground this time around.

"The interests of member countries have perhaps never been so far apart," writes Helima Croft, global head of commodity strategy at RBC Capital Markets. "While disagreements were evident at the June meeting, discontent with the pseudo-consensus appears more dire, with the low price environment further stressing the already highly stressed members of the cartel."

Notably, Libya, Iraq, Nigeria, Algeria, and Venezuela - the "fragile five," as Croft calls them - remain very high at risk, especially as Libya and Iraq are on the front lines of war.

As such, take a look at how each OPEC member is weathering geopolitical, economic, and security risks at the moment. The countries are listed from least to most high risk, with 10 being the highest.

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