With OPEC finally announcing a long anticipated production cut at the end of last year, Will Riley, Jonathan Waghorn & Tim Guinness, members of the Guinness Global Energy Team, share their outlook for the global oil market in 2017.
The outlook for world oil supply in 2017 starts with consideration of planned OPEC production cuts, designed to accelerate the rebalancing of the oil market that started in 2016. OPEC supply The start...
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Historic levels of M&A
Brent Crude fell 0.8% to $53.51 a barrel
Largest firms applying fee caps
Revised from 0.3% to 0.2%