# Forbes: Backwardation is the best tool For OPEC

Published

Jul 20, 2020

By
[Tamara Teofanovic](https://blog.validere.com/author/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](/content/about/mark-le-dain/index.html), 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](https://www.forbes.com/sites/markledain/2020/07/20/backwardation-is-the-best-tool-for-opec/#7e7a17ef75ba).

About the Author
[**Tamara Teofanovic**](https://blog.validere.com/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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