JPMorgan's head of energy strategy warns that the oil market is underestimating the chances of deeper supply cuts during the upcoming OPEC meeting. The market assumes very little chance of that happening, but it is much higher than that.
Deeper curbs may be necessary to get ahead of potential weakness in the first half of next year. Saudi Arabia may have more flexibility to cut production. It is more likely that they will want to socialize the cuts among their OPEC peers.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
UK estate agent Winkworth warns on profits as housing market cools\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Bron: FT - 🏆 113. / 51 Lees verder »