Commentary
The Organization of the Petroleum Exporting Countries (OPEC) and its partners have been cutting production since September 2016.
The sun sets behind an idle pump jack near Karnes City, Texas, on April 8, 2020. Eric Gay/AP Photo
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
