Liam Denning, Columnist

OPEC's Crisis Of Confidence

Deeper OPEC production cuts could boost oil, but for how long?

May 4, 2017 at 5:58 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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The big question in the oil market is whether OPEC and chums will extend their supply cuts when they meet later this month. Except, it's actually a foregone conclusion that they will (see this).

The real question is this: Will they also deepen the cuts?