Oil consumption is down this year and won’t rise enough next year to support the current level of world production, particularly from OPEC, Canaccord predicts as it lowers its oil price outlook. The bank sees Brent prices moving downward to close the gap vs. WTI, an argument likely based on increased U.S. production finding its way to Gulf Coast and East Coast markets.
Oil consumption is down this year and won’t rise enough next year to support the current level...
From other sites
Video at CNBC.com (Jul 7, 2016)
Video at CNBC.com (Apr 12, 2016)
Video at CNBC.com (Jan 28, 2016)
at CNBC.com (Jan 13, 2015)
at CNBC.com (Dec 11, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs