The EIA shows an expected world stock draw in 3Q17, but then 3 quarters of builds… However, this is against a backdrop of consumption increases of 1.5 mbd in 2017 and 1.6 mbd in 2018… So, days supply measures are expected to decline…
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.
Leave a Reply