Chris Temple from The National Investor – Wed 30 Nov, 2016

Comments on the OPEC production cut and yields

Today with Chris Temple we share out thoughts on the OPEC production cut deal. While this deal personally surprised me (especially after the negative news out earlier this week regarding Russia and the OPEC talks) we now need to watch the follow though on how the actual cuts are implemented. Another consideration is also the production increases that we may see in North America. This will continue to be an evolving story.

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Featuring:
Chris TempleCory Fleck
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Comments:
  1. On November 30, 2016 at 1:06 pm,
    CFS says:

    Off topic, but the reason the federal US government will legalize pot.

    https://www.barchart.com/#/news/2419880/the-tax-man-cometh-california-ponders-legal-pot-paying-up

    More money to suck out of the economy.

  2. On November 30, 2016 at 6:01 pm,
    Paul L. says:

    You can’t expect a breakout in one day. It will take time to get to the mid 50’s. 50+ should happen Friday.

  3. On December 1, 2016 at 6:16 am,
    GH says:

    The weekly chart seems to me it could take a run at the highs up in the low 60s.