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Let’s Talk About OIL… 

  • OPEC confirmed it will cut 1.8 million barrels of crude oil per day
  • OIL prices edged up on Monday after OPEC’s announcement
  • U.S. oil production has risen over 6 percent since mid-2016
  • West Texas Intermediate crude oil futures at $53.27 a barrel
  • Brent crude oil futures up 0.1 percent at $55.53 a barrel
  • Pricing is now at mid-2014 levels
  • OPEC plans to keep prices at $50-$60 a barrel
  • Oil billionaire Harold Hamm expects energy deregulation from Trump


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