Our View

Time for Low-Cost Middle Eastern Producers to Abandon OPEC?

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Crude Oil Open Interest

Change in open interest in three primary crude oil futures contracts since November 8, 2016. Click on the table to enlarge it.

The Korea Threat (October 16, 2017) -- If war with North Korea occurs, in the worst case, South Korea’s oil use would decline more than two million barrels per day.

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