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. And most likely for three months with another review towards the end of the first quarter. If OPEC+ were to disappoint those expectations, it would risk a sharp short-term decline in prices and spreads as positions accumulated since the start of October are unwound. We were hopeful the second half of 2020 would begin to see a recovery, OPECs Mohammad Barkindo said on Monday (OPEC chief says rising infections may delay oil recovery, Reuters, Oct. 27). FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020.
There are at least 81 traders involved in the decision making on the website.
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There are at least 81 traders involved in the decision making on the website .
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