Boring oil… – Commodity Research Group

February 1, 2017 by Jim Colburn Leave a Comment

From the WSJ:

“Prices have been in a tight range of $50 to $55 a barrel for much of the past month, as traders weighed OPEC’s cut against a rebound in U.S. drilling by shale oil producers. Prices have risen by around 20% since the OPEC deal was struck in November, which incentivized producers outside of the agreement to pump more.”

Here is a measure of oil volatility, the oil VIX from the CBOE:

Here is the WSJ link: https://www.wsj.com/articles/oil-rises-after-first-month-of-opec-cuts-1485948818

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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