Dan Pickering

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Last quote by Dan Pickering

Just like Thanksgiving 2014 OPEC meeting was a catalyst for global oil markets (to the downside), the November 2016 meeting will also be a catalyst, but this time to the upside. While it will be noisy leading into the OPEC meeting at the end of November, there will be a coordinated action that will support/lift oil prices. This will accelerate the ongoing tightening of the global oil supply/demand balance.
Nov 23 2016
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Dan Pickering is associated, including Thanksgiving, November, and inventory. Most recently, Dan Pickering has been quoted saying: “Inventory is the key variable to watch in terms of the actual supply/demand balance. U.S. inventory is the most accurate and most available and will continue to be a significant influencer of prices in the absence of OPEC noise/action. Inventories are tightening.” in the article No OPEC deal expected, though it would have had impact: CNBC Oil Survey.
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Quotes by Dan Pickering

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