FITCH: OPEC CUTS MIGHT HAVE BIGGEST IMPACT IN NORTH AMERICA

摘要

The following is commentary from Fitch Ratings. OPEC's latest announcement may end up having the biggest regional impact in the US, given the high sensitivity the shale sector has to oil prices and any subsequent changes in oil pricing, according to Fitch Ratings. We believe that the recently announced oil production targets of 32.5m-33.0m b/d at a meeting last week in Algiers are largely symbolic and unlikely to result in a strong rebound in global oil prices.