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Commodities set for rebound in 2017

Posted on 18 November 2016

The commodities markets are rebalancing and the worst is over for the oil market, as a slowdown in production is setting prices up for a steeper rebound than predicted at the beginning of the year, Citigroup analysts said.
“Saudi and Russia are expected to spearhead the rebalancing efforts in the oil markets. With strong recovery in oil prices experienced in the past few moths we expect further recovery in 2017,” said Ed Morse, Global Head of Commodities at Citi……………………………………..Full Article: Source


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