Posted: May. 23rd 2017
OPEC Meeting Preview
The long-anticipated OPEC meeting to address the possible extension of the OPEC/non-OPEC production cut agreement concluded last November will finally take place this week in Vienna. Over the past several weeks, the financial news has been filled with comments by individual OPEC members and recently a joint statement by Saudi Arabia and Russia agreeing to an extension through the first quarter of 2018. We thought it might be helpful to provide you our thoughts as we run up to this important meeting.