OPEC is meeting this week… – Commodity Research Group

November 28, 2016 by Jim Colburn Leave a Comment

And the WSJ reports the money quote from Amrita Sen (http://www.wsj.com/articles/measuring-the-economic-spillover-of-opecs-oil-output-decisions-1480266002):

““At the end of the day, everyone is looking after their own interests and no one wants to lose market share,” said Amrita Sen, chief oil analyst at Energy Aspects.”

Here is a nice picture of what oversupply looks like:

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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