Quote of the Week - James Ritterbusch

“OPEC is going to have to show much better compliance [with announced oil production cuts]. They must feel somewhat dejected that the cut that was thrown at the market has had almost no impact. Although they aren’t powerless, they can do very little to support prices until there is a semblance that demand is leveling.”

–  James Ritterbusch, President Ritterbusch & Associate