Will $50 oil create tension at next week's OPEC meeting in Vienna?
Watch a replay below.
https://cdn.jwplayer.com/players/tesLWh5J-KY3o17gg.js
Oil bulls are no doubt pleased that oil passed the $50 threshold on this week but the recent rally may create tension at the June 2nd OPEC meeting. While the rally is certainly welcome news for many OPEC members, we believe the Saudis see a sustained price rebound as premature - only serving as a lifeline for US shale production.
Potomac Hedgeye's Senior Energy Analyst Joe McMonigle will be in Vienna to attend various pre-meeting salons and the meeting on Thursday.
Join us for a conference call previewing the OPEC meeting with Joe McMonigle from Vienna and former U.S. Energy Secretary Spencer Abraham from Washington.
When: 1:00 PM EDT on Wednesday June 1, 2016
Call Details
- Toll Free:
- Toll:
- UK: 0
- Confirmation Number: 13638678