bullish

The Commodity Report #72

137 Views11 Oct 2022 01:10
Syndicated
SUMMARY
  • The group announced to cut its output limits of as much as 2 million barrels a day, using current targets as a starting point.
  • While a significant reduction, the impact on global supply will be much smaller because several countries are already pumping below their quotas.
  • Most analysts expect that the real supply cut will be around 700 to 800 bpd.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
The Commodity Report
Data-Driven Commodity Research
The Commodity Report
Commodities
  • The Commodity Report #72
    11 Oct 2022
x