The document discusses the outlook for commodities, particularly oil and metals, in 2016. It predicts a significant decline in US oil production engineered by OPEC, leading to a more balanced market by 2017. The document also maintains a bearish outlook for gold and discusses the challenges facing the industrial metals market due to high barriers to exit and structurally lower Chinese demand.
documents/vol00010-efta01458988-pdf.pdf
{"title":"World Outlook 2016: Managing with less liquidity","document_date":"2015-12-08","document_type":"other","key_organizations":["OPEC","IMF","Deutsche Bank Research"]}