Unplanned production outages…EIA – Commodity Research Group

May 11, 2016 by Jim Colburn Leave a Comment

In yesterday’s Short Term Energy Outlook, the EIA published updated charts of unplanned outages by OPEC and non-OPEC:

Unplanned outages from OPEC reached a post Iranian sanction high last month…

Next month’s non-OPEC chart will show a spike due to reductions in Canadian output…

Some analysts suggest that some of these outages are short term and crude prices will eventually move lower, while others see the market moving toward “balance” quicker due to the lower production…

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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