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Manuel Quevedo, Venezuela's petroleum minister and president of the Organization of Petroleum Exporting Countries (OPEC), center, speaks ahead of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, Dec. 5, 2019. Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursdays ministerial meeting. Photographer: Stefan Wermuth/Bloomberg via Getty Images

Manuel Quevedo, Venezuela's petroleum minister and president of the Organization of Petroleum Exporting Countries (OPEC), center, speaks ahead of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, Dec. 5, 2019. Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursdays ministerial meeting. Photographer: Stefan Wermuth/Bloomberg via Getty Images