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With oil above $60 a barrel, industry participants are debating when OPEC will end its production cut and how prices would respond. Officials say the cuts run through year-end, with a review planned for June.
Expectations of an eventual end to the cuts create two-way price risk for crude. Current prices reflect firm demand and falling storage, so the signal is mostly speculative.
cbc.caKyle BakxFeb 8, 2018Not enough comparable past events yet for a historical read.
Not 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.
