Wednesday, April 12, 2017

OPEC's Rollover Of Deal May Be Full Of Holes


INO.com Traders Blog http://ift.tt/2o5iZcz Crude oil was the worst-performing asset in the first quarter of 2017, losing 5.9 percent. That period coincided with the first three months of the OPEC-non-OPEC production cutbacks, which were intended to reduce global inventories and support oil prices. Instead, global stocks increased from end-December through February. And U.S. crude stocks built by a staggering […]

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