The G20 meeting yielded the U.S.-China trade war cease-fire and the Russia-Saudi Arabia pact to curb oil output. How will they pan out in 2019?
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Crude oil is headed for an eventful 2019 amid a move by Russia and Saudi Arabia to curb output while production in the United States is set to increase. The dynamic among these three swing producers could dictate prices next year. Hedge your portfolio with futures and options.