RJO FuturesCast

Daily Futures Market News, Commentary, & Insight

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

CME Group