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