The IEA weighs in on shale… WSJ – Commodity Research Group

February 13, 2018 by Jim Colburn 1 Comment

The Wall Street Journal reports on today’s release of the IEA’s monthly oil supply/demand report:

”Shale producers “cut costs dramatically” during the oil-industry downturn, the IEA said. They then took advantage of the Organization of the Petroleum Exporting Countries cartel’s decision last year to cut its own output, which helped prices rise from the low $40s to over $70 a barrel in January.”

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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