A cure for high oil prices (Afternoon audio analysis 13.03.2019)

13.03.2019 16:06|Conotoxia.com

The OPEC intentional production cut, problems in Venezuela and issues concerning Iran have pushed the oil prices higher. However, the US may be ready to launch the counter trend with its NOPEC bill which should put significant downward pressure on the oil prices.

Marcin Lipka, Cinkciarz senior analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Cinkciarz.pl Sp. z o.o is prohibited.

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