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for Speculators

Another Factor Behind OPEC’s ‘Success’ Story: Support from Hedge Funds
By manipulating sentiment through both verbal intervention and physical supply cuts, OPEC members have effectively used speculative money in the futures markets to their advantage.

Tough Sell: A Cryptocurrency Backed by Oil
The current moment is a questionable time to launch a new cryptocurrency. Beyond the current collapse in value, other vulnerabilities have emerged: Young markets mean that blockchains are highly vulnerable to being compromised.

Market Uncertainty Ahead as OPEC Looks to Extend Production Cut Through 2018
OPEC will attempt to manage perceptions in both the physical and financial markets—but given its track record, it will not likely produce stability and certainty, but instead ambiguity and volatility.

Bullish Speculative Bets Near Their Limit as Market Waits on OPEC
The direction of hedge funds bets in the coming weeks and months will depend on a number of factors, including the U.S. rig count, the strength of the dollar, the Fed’s decision on whether to raise interest rates, and of course OPEC.

Oil Returns to $60
OPEC has changed not only fundamental dynamics of the oil market, but the entire narrative: There’s very little, if any, talk about “lower for longer”—the issues currently rattling the market are not going away any time soon.

Expect OPEC to Game Expectations
More and more market watchers are making the case that OPEC should just leave well enough alone and let the free market set the price. While trying to influence sentiment and fundamentals, on nearly a daily basis, OPEC has already destabilized the market and guarantees more uncertainty ahead.

Death by a Thousand Cuts
Markets are shrugging off OPEC headlines, with prices weakening and hedge funds liquidating long positions. The cartel may be missing the mark on its stated longer-term goal of stabilizing the market and preventing a catastrophic correction.

OPEC Sows Confusion in Global Oil Market With Its Production Cut
Despite constant chatter of rebalancing, oil prices have been weakening, and OPEC has itself to blame for causing market uncertainty and instability.

Analyst: OPEC’s Cut ‘Unbalanced’ the Market
A large stock build in the first quarter, rampant producer hedging, and large amount of investor inflows in the futures market created an “unbalancing of the market,” the opposite of OPEC’s stated goal, according to one prominent oil market analyst.

Russia Poised to Meet Its Production Cut Pledge Next Month
The biggest questions at CERAWeek this year is whether OPEC and its non-OPEC counterparts will recommit to throttling back in May and whether U.S. shale can fully offset these cuts and push down prices.