Andy Lebow quote…WSJ – Commodity Research Group

June 18, 2018 by Jim Colburn Leave a Comment

CRG’s own Andy Lebow is quoted in the Wall Street Journal here:

““If there’s any impact on the global economy from disruption of trade due to tariffs, that’s going to have an impact on oil consumption,” said Andy Lebow, a senior partner at Commodity Research Group.

Combined with the upcoming OPEC meeting, Mr. Lebow said, the trade tension was prompting traders to liquidate their bets that prices would rise.“

Here is more from the Journal:

”While Saudi Arabia is considering an increase of 500,000 to 1 million barrels a day and Russia wishes to raise output as much as 1.5 million barrels a day, some OPEC members including Iran and Venezuela don’t support an increase, according to Carsten Fritsch, an analyst at Commerzbank.”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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