Top Oil Trader: Markets Under Pressure Without 'Daily Adrenaline Shot' |
| October 13, 2016 | October 2016 Bond Updates |
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On Tuesday, commodity research heavyweight Citigroup said that there was a real chance that OPEC's oil production cut would be put in place, and that it would move markets well into next year. Others, however, aren't so convinced, adding to a general state of confusion in global oil markets. On Thursday, oil prices headed south on news that OPEC's September production had spiked and a rise in U.S. crude stockpiles. |
| View more at: http://www.forbes.com/sites/timdaiss/2016/10/12/top-oil-trader-markets-under-pressure-without-daily-adrenaline-shot/ |
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