WTI oil, long term chart… – Commodity Research Group

December 22, 2018 by Jim Colburn Leave a Comment

It’s not pretty:

And, our good friend Bob Yawger is quoted in a Reuters article, here:

““OPEC folks are not doing a good job of convincing the international oil community that they are going to be a strong advocate of their supply cut program,” said Bob Yawger, director of futures at Mizuho in New York.”

Yhe chart is from barchart.com…

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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