production cut
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Saudi Arabia Thinks OPEC+ Is Central Bank of Oil—Fire The Banker!
- July 15, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
3 Comments
OPEC+ has done a dreadful job of managing world oil markets over the last three-and-a-half years.
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The Irrelevant OPEC++ Production Cut
- April 6, 2020
- Posted by: Art Berman
- Category: header-menu
I’m in favor of the global output cut orchestrated by President Trump but let’s recognize it for what it is: largely irrelevant.
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Saudi Oil-Price Blunder: Tipping Point for a Global Depression
- March 17, 2020
- Posted by: Art Berman
- Category: header-menu
Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a depression in the oil industry. This time, it may be the tipping point for a global economic depression.
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This Oil-Price Rally Won’t Last
- December 20, 2019
- Posted by: Art Berman
- Category: header-menu
It will last as long as someone can be found on the other side of the trade. When those counter-parties realize that nothing in the world has fundamentally changed, prices will fall to $51 or $52 as they have with the last three failed rallies of 2019.
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Despite OPEC Production Cut, Another Year Of Low Oil Prices Is Likely
- January 9, 2017
- Posted by: Art Berman
- Category: The Petroleum Truth Report
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MACROVoices Slides: OPEC Can’t Fix The Problem of Low Oil Prices
- December 6, 2016
- Posted by: Art Berman
- Categories: Audio/Video & Articles, Presentations, Presentations & Publications
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MACROVoices Interview: OPEC Production Cut, Crude Oil Outlook
- December 5, 2016
- Posted by: Art Berman
- Categories: Audio/Video & Articles, Presentations, Presentations & Publications
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OPEC-Russia Production Freeze Not A Cut & Meaningless
- February 16, 2016
- Posted by: Art Berman
- Category: The Petroleum Truth Report