Our View

Markets: No Confidence in OPEC+

Many who focus on OPEC or OPEC+ are missing the indications of the market’s diminished confidence in the organizations’ ability to sustain higher prices. Click here to read more.

Oil Markets Have No Confidence in OPEC+

The lost confidence is evident in the precipitous drop in open interest (see graph). See Our View here for more.

No Rush to Buy Crude (October 7, 2024) -- The 2024 oil market is quite different from past markets in which disruptions panicked oil refiners into a frenzy of buying and hoarding.

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