Where are oil prices going?

After two years of fighting for market share, the Organization of Petroleum Exporting Countries (OPEC) agreed in November 2016 to cut production by 1.2 million barrels per day, capping output at 32.5 million barrels per day (MBPD). With Non-OPEC producers also agreeing to reduce production by 600 million barrels per day,  this should reduce global […]