Tom Kloza's Discusses Crude Production

om Kloza, Global Head of Energy Analysis Oil Price Information Service, was surprised that OPEC left its oil productions as is. He says some investment banks are going to raise their expectation to $80 or $90 for brent in the next few days. He says it will take a while for refining to come back after the storms in the U.S. He adds there is a problem with oil prices moving up right now.

Futures

05 Mar 2021

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Tom Kloza's Discusses Crude Production

om Kloza, Global Head of Energy Analysis Oil Price Information Service, was surprised that OPEC left its oil productions as is. He says some investment banks are going to raise their expectation to $80 or $90 for brent in the next few days. He says it will take a while for refining to come back after the storms in the U.S. He adds there is a problem with oil prices moving up right now.

Futures

05 Mar 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US