Tom Watters

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Last quote by Tom Watters

OPEC production cuts will help alleviate the current oversupply, allowing recent price gains to be sustained, and possibly providing momentum for even higher prices. But, as higher prices kick in, shale production would likely quickly ramp up, effectively capping oil prices above $60.
Dec 30 2016
Tom Watters has been quoted 1 time in 1 different article. On this page, you will find all of Tom Watters’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Tom Watters speaks about are OPEC and price, for example. Most recently, Tom Watters was quoted in the article January is ‘the first big test’ for OPEC production deal: Analysts saying, “OPEC production cuts will help alleviate the current oversupply, allowing recent price gains to be sustained, and possibly providing momentum for even higher prices. But, as higher prices kick in, shale production would likely quickly ramp up, effectively capping oil prices above $60.”.
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