# Oil price rally has industry speculating on OPEC's exit strategy on production limit | CBC News

> 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.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66427-oil-price-rally-has-industry-speculating-on-opec-s-exit-strategy-on-production
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- cbc.ca: https://www.cbc.ca/news/business/opec-eurasia-firstenergy-soci%C3%A9t%C3%A9-g%C3%A9n%C3%A9rale-1.4523121

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.