FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. And most likely for three months with another review towards the end of the first quarter. None of these alternatives is clearly superior to a three-month postponement, which is therefore the most likely outcome from the meetings over Nov. 30 and Dec. 1. The six-month calendar spread for Brent futures is currently in a contango of $1.90, which is in the 24th percentile for all trading days since 1990, again indicating that the market is expected to remain well-supplied. Picture taken February 11, 2019.
Brent/USD conversion ratio falls down.
( z0 fall :ARG1 ( z1 ratio :ARG3-of ( z2 convert :ARG1 ( z3 monetary-quantity :unit ( z4 dollar ) ) ) ) :ARG2 ( z5 down ) :rel ( z6 rate-entity :ARG1 z3 :ARG2 ( z7 monetary-quantity :quant 1 :unit ( z8 dollar ) ) ) )
(z0 / fall-01
    :ARG1 (z1 / ratio
              :ARG3-of (z2 / convert-01
                           :ARG1 (z3 / monetary-quantity
                                     :unit (z4 / dollar))))
    :ARG2 (z5 / down)
    :rel (z6 / rate-entity-91
             :ARG1 z3
             :ARG2 (z7 / monetary-quantity
                       :quant 1
                       :unit (z8 / dollar))))
Brent / USD conversion ratio falls down .
z6 :ARG1 z3
z3 :unit z4
z6 :ARG2 z7
z7 :unit z8
z7 :quant 0
z2 :ARG1 z3
z1 :ARG3-of z2
z0 :ARG1 z1
z0 :ARG2 z5
z0 :rel z6