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.

Synchronized Recovery: Implications for Oil (September 11, 2017) -- Hurricanes Harvey and Irma have contributed to a market change. However, there may be a more fundamental economic reason: growth.

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