Commodities Analysis /
Global

Steady-as-she-goes opec to keep market tightness entrenched

  • OPEC+ announced that they will keep raising output by 400k barrels a day through November

  • Spike in natural gas prices could see demand more than offset this, keeping the market tight

  • Alarm bells will be ringing at global central banks given the risks to inflation and global growth

Lloyd Miller
Lloyd Miller

Head of Developed Markets and Latin America Research

ETM Analytics
6 October 2021
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