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Harvey to Make It Harder for OPEC to Rebalance Market, Barclays Says

Harvey to Make It Harder for OPEC to Rebalance Market, Barclays Says

Barclays said in the coming weeks, they expect Harvey’s impact to make it harder for OPEC to rebalance the market and maintain bullish sentiment. Disruptions to refineries, production and trade will also make the weekly EIA data even noisier and less useful as a high frequency indicator at the very time OPEC needs it most, according to Barclays. Though production[Read More…]

by August 31, 2017 0 comments Breaking