bullish

Crude Oil

Weekly Oil Views: Resurgent Covid May Prompt Pause in OPEC+ Supply Hikes

163 Views29 Nov 2021 15:44
Omicron panic drove a 13% plunge in crude on Friday. The fresh oil demand fears, coupled with the US and five other countries releasing oil from SPRs, may lead OPEC+ to pause its monthly supply hikes.
SUMMARY
(Sign Up to Access)
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
Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
chart-bar
x