Oil Market Dynamics in Play: What to Watch in Coming Weeks

May 14, 2018 3:09PM CDT

By Blu Putnam, Chief Economist, CME Group

Oil: Will Mideast Risk Premium Rise Before Driving Season?
Highlights

  • U.S. shale oil production can respond faster to price changes
  • Ramp-up in U.S. production could be tempered by drilling challenges
  • U.S. oil exports have changed the dynamics of Brent-WTI price spread

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