OPEC/Russia Target Free Riders… WSJ – Commodity Research Group

May 28, 2018 by Jim Colburn Leave a Comment

Spencer Jakob, WSJ, tells us why OPEC/Russia are about to end their agreement to curtail oil production here…

“One reason may be that prices recently touched their highest since 2014, potentially slowing economic growth and harming future demand. A more important one is the political misfortune of fellow cartel members Venezuela and Iran and a host of production issues experienced by some smaller ones. The largest cartel members want to fill the void left by these disruptions rather than allowing others to do it.”

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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