As Oil Falls, What Will Swing Producers Do?

As Oil Prices Plunge, What Will Swing Producers Do?

By Erik Norland, Senior Economist, CME Group


  • WTI options signal a bearish market, but are they right?
  • Prices rallied 40% over two months the last two times the market was this bearish
  • However, U.S. oil production could continue to rise for several months
  • Will Saudi Arabia, OPEC step in to shore up the market?
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