Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Crude futures rally towards the higher bound of their FY17 trading range as net long US crude futures/options positions reach a record high on the heels of last week's headlines OPEC may consider further production cuts (11.39)<p>Crude futures for April delivery were up about $1.17 (+2.2%) around the $54.95/barrel level on the heels of last week's headlines that OPEC was considering deeper production cuts & may extend the coordinated output reduction effort with non-OPEC producers at the next official OPEC meeting, scheduled to take place in Vienna, Austria on May 25th. This latest rally brings crude near the top of its trading range (roughly between $50-55/barrel) so far in 2017. Other factors providing a boost to oil prices this morning include:</p><ul><li>At a weekend conference in London, OPEC Secretary General Mohammad Barkindo stated that oil inventories would decline further this year & Jan data showed conformity from participating OPEC nations, with output curbs above 90%. Barkindo stated, «All countries involved remain resolute in the determination to achieve a higher level of conformity.»</li><li>OPEC also stated it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.</li><li>Analysts at Citi are forecasting crude oil prices to possibly be near $70/barrel by the end of 2017.</li><li><strong>Note:</strong> Net long US crude futures & options positions are at a record high & could be a source of increased volatility going forward, given a bearish catalyst.</li><li>Upcoming data reminders (as a result of Monday's holiday):<ul><li>API data will be released tomorrow at 4:30 pm ET.</li><li><strong>Weekly EIA petroleum data will be released this Thursday at 11:00 am ET.</strong></li><li>Baker Hughes rig count data will be released at its normally scheduled time on Friday at 1 pm ET.</li></ul></li></ul></td> </tr></table>"