Oil Market Dynamics in Play: What to Watch in Coming WeeksPosted 05/14/2018 3:09PM CT |
By Blu Putnam, Chief Economist, CME Group
Oil: Will Mideast Risk Premium Rise Before Driving Season?
- 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