from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-opec-cut-lip-service-or-for-real-2016100233650/
Weekly Fundamentals - OPEC Cut: Lip Service or for Real?
The biggest news in the oil market last week must be OPEC's announcement to cut production to a range of 32.5- 33M bpd. More details are expected to be disclosed following the OPEC meeting in November. According to Bloomberg, Algeria's plan suggests that the members would trim corresponding output by -1.6% from the January-August average, with some exceptions though.
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-opec-cut-lip-service-or-for-real-2016100233650/
from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-opec-cut-lip-service-or-for-real-2016100233650/
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