In today’s briefing:
- Oil Prices Soar when OPEC Cuts Production
Oil Prices Soar when OPEC Cuts Production
- Since 1990, OPEC has announced a production cut on 26 occasions.
- Historically, oil prices have done well after OPEC announced a production cut, especially between three and 12 months after the announcement.
- Expanding the analysis to commodity returns reveals that even though the prices of oil futures tend to fare well after oil production cut announcements, this is less so for Commodities.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
