Forbes: Backwardation Is The Best Tool For OPEC - Validere

Forbes: Backwardation is the best tool For OPEC

Published

Jul 20, 2020

By Tamara Teofanovic

1 min read

As OPEC targets backwardation, it will reduce shale supply, drive energy deals, and constrain Mexico’s growth. In a Forbes article written by Mark Le Dain, VP of Strategy, he discusses how coordinating the structure of the oil price curve is beneficial for OPEC.

Read more in the Forbes article here.

About the Author Tamara Teofanovic

Tamara Teofanovic is a Marketing Manager at Validere and previously worked in the Oil & Gas sector in Alberta.

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