Takeaway: OPEC ratified a 9-month extension of its production cut deal. Takes glass-half-full view: "We should be on target by end of the year."

Join us for a REPLAY of our FLASH CALL after OPEC’s meeting today with analysis from Hedgeye Energy Policy Analyst Joe McMonigle.

CLICK HERE for the REPLAY.

OPEC Ministers met on Thursday and ratified an expected 9-month extension of its production cut agreement along with non-OPEC participants.  All combined, the pledged cuts equal 1.8 million barrels a day through Q1 2018.

The flash call summarizes the key points from the post-meeting press conference which now takes on added significance because Saudi oil minister Khalid al-Falih also serves as OPEC President and was the main speaker at the presser. 

CALL INFO:

Thursday, May 25, 2017

1:00 PM ET