Will OPEC lose its discipline, prefer BP or Shell? - IB Times

The latest report from Goldman Sachs says oil market could be in deficit in the first half of 2017… Gaurav Sharma, Editor and Oil Analyst at IB Times, agrees with the report, but wonders if the OPEC will lose its discipline and the compliance rate, which as per IEA is currently at record highs, would drop, especially due to the fact that Shale production is rising fast.

Check out the full segment as Sharma and Presenter Zak Mir details the possible oil price action in the future.

Sharma prefers BP over Shell.

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