A recent Wall Street Journal article detailed the findings of the International Energy Agency's monthly oil market report, which said OPEC is failing to meet demand despite holding deep reserves.

In this "Digging for Value" video, Fool energy and materials analysts Joel South and Taylor Muckerman explore the real reasons -- social unrest, sanctions, theft -- behind OPEC's slowdown in oil production and whether there are any long-term concerns. Joel and Taylor also discuss breakeven prices for oil in various countries and how they influence production.