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home / news releases / OILK - Cracks In OPEC Continue To Emerge


OILK - Cracks In OPEC Continue To Emerge

By Bob Iaccino

At their July meeting in Vienna, OPEC and OPEC+ decided to continue to operate within the parameters of the 1.2 million barrel per day (bpd) production cut laid out in December 2018. The official press release stated the cuts would continue "for an additional period of nine months from 01 July 2019 to 31 March 2020." Also noted in the press release was the date of the next OPEC and non-OPEC Ministerial Meeting to be held on December 6, where the cuts will be reviewed and discussed. That basically makes this nine-month

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Stock Information

Company Name: ProShares K-1 Free Crude Oil Strategy ETF
Stock Symbol: OILK
Market: NYSE

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