The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: richardred who wrote (175)	3/22/2017 6:18:26 AM
From: elmatador	Read Replies (1) of 13801

"OPEC's market intervention has not yet resulted in significant visible inventory drawdowns, and the financial markets have lost patience," U.S. bank Jefferies said in a note. The bank said OPEC-led cuts would start having an impact in the second half of 2017, but added that U.S. crude production was expected to grow by 360,000 bpd in 2017 and 1 million bpd in 2018. http://www.reuters.com/article/us-global-oil-idUSKBN16T03H

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