J. Michael Issa's article, "Recent events help shape oil prices - Has a new world economic order been launched by the U.S. election," was featured in the February issue of the Oil & Gas Financial Journal. This is the second time Mr. Issa has been published in the Oil & Gas Financial Journal.
The Oil & Gas Financial Journal is coverage of Oil and Gas Markets, Oil Prices, Gas Prices, Oil Companies and Oil Stocks. See below for an excerpt of Mr. Issa's article.
In this increasinly complicated world, it is useful to fall back on an examination of the three things that matter for our industry: supply, demand, and currency exchange rates. There are several meaningful headwinds and perhaps several crosswinds that have occurred since we wrote about Brexit for the August issue of Oil & Gas Financial Journal. The US election, OPEC’s intentions versus their reality, and the seeming direction of Brexit are the key influences for this reflection and comment. The markets clearly believe that Trump can deliver on much of his campaign platform with Republican control of both houses in Congress and have traded up based on that perception. People want to believe that OPEC can actually deliver on and honor a production curtailment program. And, Brexit continues to evolve in potentially adverse ways.
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