Closed-End Fund Market Commentaries
Dec 21, 2016
Click here to access OPEC Production Cuts Solidify Case for Oil Recovery
As signaled in September, the Organization of the Petroleum Exporting Countries (OPEC) convened in November to establish a production target to help stabilize the global oil market. The agreed upon supply cuts should accelerate and solidify the rebalancing of oil markets already underway, supporting our base case for higher oil prices over the next two years.