Oil prices finished 2016 on a high as OPEC and some major non-OPEC producers agreed to cut production in the first half of this year. However, prices have already eased back in the first few days of 2017 as investors become increasingly wary that the promised reductions in output may not materialise in full. Elsewhere, colder weather helped to boost natural gas and coal prices.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services