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Reuters columnist John Kemp writes that OPEC is changing fundamentally, with power shifting toward Saudi Arabia acting alongside Russia while other members are increasingly sidelined. The piece is commentary on the group's structure rather than a new supply event.
Changes in OPEC's cohesion affect the long-run path of crude supply decisions, but the column itself does not announce a new volume change.
reuters.comJun 28, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
