<!DOCTYPE html><html lang="en"><head><base href="/"><title>OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher</title><meta charset="UTF-8"><meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"><meta name="viewport" content="width=device-width,initial-scale=1,maximum-scale=1,user-scalable=no"><link rel="canonical" itemprop="url" href="https://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/"><script>!function(e){function n(r){if(t[r])return t[r].exports;var o=t[r]={i:r,l:!1,exports:{}};return e[r].call(o.exports,o,o.exports,n),o.l=!0,o.exports}var r=window.webpackJsonp;window.webpackJsonp=function(t,c,a){for(var i,u,f,s=0,d=[];s<t.length;s++)u=t[s],o[u]&&d.push(o[u][0]),o[u]=0;for(i in c)Object.prototype.hasOwnProperty.call(c,i)&&(e[i]=c[i]);for(r&&r(t,c,a);d.length;)d.shift()();if(a)for(s=0;s<a.length;s++)f=n(n.s=a[s]);return f};var t={},o={6:0};n.e=function(e){function r(){i.onerror=i.onload=null,clearTimeout(u);var n=o[e];0!==n&&(n&&n[1](new Error("Loading chunk "+e+" failed.")),o[e]=void 0)}var t=o[e];if(0===t)return new Promise(function(e){e()});if(t)return t[2];var c=new Promise(function(n,r){t=o[e]=[n,r]});t[2]=c;var a=document.getElementsByTagName("head")[0],i=document.createElement("script");i.type="text/javascript",i.charset="utf-8",i.async=!0,i.timeout=12e4,n.nc&&i.setAttribute("nonce",n.nc),i.src=n.p+""+{0:"b3056f14109d40f516b9",1:"0d7683a639ce670fd024",2:"592cd7ae7764dbb9d67f",3:"cea8367bd577e5ce4f5e",4:"a17266e441f78003f801",5:"5cce5763d5fae8f227ba"}[e]+"."+e+".chunk.js";var u=setTimeout(r,12e4);return i.onerror=i.onload=r,a.appendChild(i),c},n.m=e,n.c=t,n.d=function(e,r,t){n.o(e,r)||Object.defineProperty(e,r,{configurable:!1,enumerable:!0,get:t})},n.n=function(e){var r=e&&e.__esModule?function(){return e.default}:function(){return e};return n.d(r,"a",r),r},n.o=function(e,n){return Object.prototype.hasOwnProperty.call(e,n)},n.p="https://i.forbesimg.com/ng2/",n.oe=function(e){throw console.error(e),e}}([])</script><script type="text/javascript" src="https://i.forbesimg.com/ng2/592cd7ae7764dbb9d67f.polyfills.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/cea8367bd577e5ce4f5e.vendors.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/5cce5763d5fae8f227ba.fbs.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/a17266e441f78003f801.app.js" defer="defer"></script><style ng-transition="ng-templates">html{font-family:sans-serif;line-height:1.15;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%}body{margin:0}article,aside,footer,header,nav,section{display:block}h1{font-size:2em;margin:0.67em 0}figcaption,figure,main{display:block}figure{margin:1em 40px}hr{box-sizing:content-box;height:0;overflow:visible}pre{font-family:monospace, monospace;font-size:1em}a{background-color:transparent;-webkit-text-decoration-skip:objects}a:active,a:hover{outline-width:0}abbr[title]{border-bottom:none;text-decoration:underline;text-decoration:underline dotted}b,strong{font-weight:inherit}b,strong{font-weight:bolder}code,kbd,samp{font-family:monospace, monospace;font-size:1em}dfn{font-style:italic}mark{background-color:#ff0;color:#000}small{font-size:80%}sub,sup{font-size:75%;line-height:0;position:relative;vertical-align:baseline}sub{bottom:-0.25em}sup{top:-0.5em}audio,video{display:inline-block}audio:not([controls]){display:none;height:0}img{border-style:none}svg:not(:root){overflow:hidden}button,input,optgroup,select,textarea{font-family:sans-serif;font-size:100%;line-height:1.15;margin:0}button,input{overflow:visible}button,select{text-transform:none}button,html [type="button"],[type="reset"],[type="submit"]{-webkit-appearance:button}button::-moz-focus-inner,[type="button"]::-moz-focus-inner,[type="reset"]::-moz-focus-inner,[type="submit"]::-moz-focus-inner{border-style:none;padding:0}button:-moz-focusring,[type="button"]:-moz-focusring,[type="reset"]:-moz-focusring,[type="submit"]:-moz-focusring{outline:1px dotted ButtonText}fieldset{border:1px solid #c0c0c0;margin:0 2px;padding:0.35em 0.625em 0.75em}legend{box-sizing:border-box;color:inherit;display:table;max-width:100%;padding:0;white-space:normal}progress{display:inline-block;vertical-align:baseline}textarea{overflow:auto}[type="checkbox"],[type="radio"]{box-sizing:border-box;padding:0}[type="number"]::-webkit-inner-spin-button,[type="number"]::-webkit-outer-spin-button{height:auto}[type="search"]{-webkit-appearance:textfield;outline-offset:-2px}[type="search"]::-webkit-search-cancel-button,[type="search"]::-webkit-search-decoration{-webkit-appearance:none}::-webkit-file-upload-button{-webkit-appearance:button;font:inherit}details,menu{display:block}summary{display:list-item}canvas{display:inline-block}template{display:none}[hidden]{display:none}*,*:before,*:after{box-sizing:border-box}html,body{width:100%;height:100%;font-family:"Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif;text-rendering:optimizeLegibility;-webkit-font-feature-settings:'kern';font-feature-settings:'kern';-webkit-font-kerning:normal;-moz-font-kerning:normal;font-kerning:normal;-webkit-font-variant-ligatures:common-ligatures;font-variant-ligatures:common-ligatures}img{width:auto;max-width:100%;height:auto !important;display:block}figure{margin:0}figure img{display:block;max-width:100%}a{cursor:pointer;color:inherit}button{border:none;outline:none;padding:0;background:none;cursor:pointer}i,em{font-style:italic}b,strong{font-weight:bold}table{border-collapse:collapse;border-spacing:0}p a{color:#003891}p a:hover{text-decoration:underline}.container{margin-right:auto;margin-left:auto;padding-left:15px;padding-right:15px}.container:before,.container:after{content:" ";display:table}.container:after{clear:both}@media (min-width: 768px){.container{width:750px}}@media (min-width: 1024px){.container{width:970px}}@media (min-width: 1230px){.container{width:1170px}}.container-fluid{margin-right:auto;margin-left:auto;padding-left:15px;padding-right:15px}.container-fluid:before,.container-fluid:after{content:" ";display:table}.container-fluid:after{clear:both}.row{margin-left:-15px;margin-right:-15px}.row:before,.row:after{content:" ";display:table}.row:after{clear:both}.col-xs-1,.col-sm-1,.col-md-1,.col-lg-1,.col-xs-2,.col-sm-2,.col-md-2,.col-lg-2,.col-xs-3,.col-sm-3,.col-md-3,.col-lg-3,.col-xs-4,.col-sm-4,.col-md-4,.col-lg-4,.col-xs-5,.col-sm-5,.col-md-5,.col-lg-5,.col-xs-6,.col-sm-6,.col-md-6,.col-lg-6,.col-xs-7,.col-sm-7,.col-md-7,.col-lg-7,.col-xs-8,.col-sm-8,.col-md-8,.col-lg-8,.col-xs-9,.col-sm-9,.col-md-9,.col-lg-9,.col-xs-10,.col-sm-10,.col-md-10,.col-lg-10,.col-xs-11,.col-sm-11,.col-md-11,.col-lg-11,.col-xs-12,.col-sm-12,.col-md-12,.col-lg-12{position:relative;min-height:1px;padding-left:15px;padding-right:15px}.col-xs-1,.col-xs-2,.col-xs-3,.col-xs-4,.col-xs-5,.col-xs-6,.col-xs-7,.col-xs-8,.col-xs-9,.col-xs-10,.col-xs-11,.col-xs-12{float:left}.col-xs-1{width:8.33333%}.col-xs-2{width:16.66667%}.col-xs-3{width:25%}.col-xs-4{width:33.33333%}.col-xs-5{width:41.66667%}.col-xs-6{width:50%}.col-xs-7{width:58.33333%}.col-xs-8{width:66.66667%}.col-xs-9{width:75%}.col-xs-10{width:83.33333%}.col-xs-11{width:91.66667%}.col-xs-12{width:100%}.col-xs-pull-0{right:auto}.col-xs-pull-1{right:8.33333%}.col-xs-pull-2{right:16.66667%}.col-xs-pull-3{right:25%}.col-xs-pull-4{right:33.33333%}.col-xs-pull-5{right:41.66667%}.col-xs-pull-6{right:50%}.col-xs-pull-7{right:58.33333%}.col-xs-pull-8{right:66.66667%}.col-xs-pull-9{right:75%}.col-xs-pull-10{right:83.33333%}.col-xs-pull-11{right:91.66667%}.col-xs-pull-12{right:100%}.col-xs-push-0{left:auto}.col-xs-push-1{left:8.33333%}.col-xs-push-2{left:16.66667%}.col-xs-push-3{left:25%}.col-xs-push-4{left:33.33333%}.col-xs-push-5{left:41.66667%}.col-xs-push-6{left:50%}.col-xs-push-7{left:58.33333%}.col-xs-push-8{left:66.66667%}.col-xs-push-9{left:75%}.col-xs-push-10{left:83.33333%}.col-xs-push-11{left:91.66667%}.col-xs-push-12{left:100%}.col-xs-offset-0{margin-left:0%}.col-xs-offset-1{margin-left:8.33333%}.col-xs-offset-2{margin-left:16.66667%}.col-xs-offset-3{margin-left:25%}.col-xs-offset-4{margin-left:33.33333%}.col-xs-offset-5{margin-left:41.66667%}.col-xs-offset-6{margin-left:50%}.col-xs-offset-7{margin-left:58.33333%}.col-xs-offset-8{margin-left:66.66667%}.col-xs-offset-9{margin-left:75%}.col-xs-offset-10{margin-left:83.33333%}.col-xs-offset-11{margin-left:91.66667%}.col-xs-offset-12{margin-left:100%}@media (min-width: 768px){.col-sm-1,.col-sm-2,.col-sm-3,.col-sm-4,.col-sm-5,.col-sm-6,.col-sm-7,.col-sm-8,.col-sm-9,.col-sm-10,.col-sm-11,.col-sm-12{float:left}.col-sm-1{width:8.33333%}.col-sm-2{width:16.66667%}.col-sm-3{width:25%}.col-sm-4{width:33.33333%}.col-sm-5{width:41.66667%}.col-sm-6{width:50%}.col-sm-7{width:58.33333%}.col-sm-8{width:66.66667%}.col-sm-9{width:75%}.col-sm-10{width:83.33333%}.col-sm-11{width:91.66667%}.col-sm-12{width:100%}.col-sm-pull-0{right:auto}.col-sm-pull-1{right:8.33333%}.col-sm-pull-2{right:16.66667%}.col-sm-pull-3{right:25%}.col-sm-pull-4{right:33.33333%}.col-sm-pull-5{right:41.66667%}.col-sm-pull-6{right:50%}.col-sm-pull-7{right:58.33333%}.col-sm-pull-8{right:66.66667%}.col-sm-pull-9{right:75%}.col-sm-pull-10{right:83.33333%}.col-sm-pull-11{right:91.66667%}.col-sm-pull-12{right:100%}.col-sm-push-0{left:auto}.col-sm-push-1{left:8.33333%}.col-sm-push-2{left:16.66667%}.col-sm-push-3{left:25%}.col-sm-push-4{left:33.33333%}.col-sm-push-5{left:41.66667%}.col-sm-push-6{left:50%}.col-sm-push-7{left:58.33333%}.col-sm-push-8{left:66.66667%}.col-sm-push-9{left:75%}.col-sm-push-10{left:83.33333%}.col-sm-push-11{left:91.66667%}.col-sm-push-12{left:100%}.col-sm-offset-0{margin-left:0%}.col-sm-offset-1{margin-left:8.33333%}.col-sm-offset-2{margin-left:16.66667%}.col-sm-offset-3{margin-left:25%}.col-sm-offset-4{margin-left:33.33333%}.col-sm-offset-5{margin-left:41.66667%}.col-sm-offset-6{margin-left:50%}.col-sm-offset-7{margin-left:58.33333%}.col-sm-offset-8{margin-left:66.66667%}.col-sm-offset-9{margin-left:75%}.col-sm-offset-10{margin-left:83.33333%}.col-sm-offset-11{margin-left:91.66667%}.col-sm-offset-12{margin-left:100%}}@media (min-width: 1024px){.col-md-1,.col-md-2,.col-md-3,.col-md-4,.col-md-5,.col-md-6,.col-md-7,.col-md-8,.col-md-9,.col-md-10,.col-md-11,.col-md-12{float:left}.col-md-1{width:8.33333%}.col-md-2{width:16.66667%}.col-md-3{width:25%}.col-md-4{width:33.33333%}.col-md-5{width:41.66667%}.col-md-6{width:50%}.col-md-7{width:58.33333%}.col-md-8{width:66.66667%}.col-md-9{width:75%}.col-md-10{width:83.33333%}.col-md-11{width:91.66667%}.col-md-12{width:100%}.col-md-pull-0{right:auto}.col-md-pull-1{right:8.33333%}.col-md-pull-2{right:16.66667%}.col-md-pull-3{right:25%}.col-md-pull-4{right:33.33333%}.col-md-pull-5{right:41.66667%}.col-md-pull-6{right:50%}.col-md-pull-7{right:58.33333%}.col-md-pull-8{right:66.66667%}.col-md-pull-9{right:75%}.col-md-pull-10{right:83.33333%}.col-md-pull-11{right:91.66667%}.col-md-pull-12{right:100%}.col-md-push-0{left:auto}.col-md-push-1{left:8.33333%}.col-md-push-2{left:16.66667%}.col-md-push-3{left:25%}.col-md-push-4{left:33.33333%}.col-md-push-5{left:41.66667%}.col-md-push-6{left:50%}.col-md-push-7{left:58.33333%}.col-md-push-8{left:66.66667%}.col-md-push-9{left:75%}.col-md-push-10{left:83.33333%}.col-md-push-11{left:91.66667%}.col-md-push-12{left:100%}.col-md-offset-0{margin-left:0%}.col-md-offset-1{margin-left:8.33333%}.col-md-offset-2{margin-left:16.66667%}.col-md-offset-3{margin-left:25%}.col-md-offset-4{margin-left:33.33333%}.col-md-offset-5{margin-left:41.66667%}.col-md-offset-6{margin-left:50%}.col-md-offset-7{margin-left:58.33333%}.col-md-offset-8{margin-left:66.66667%}.col-md-offset-9{margin-left:75%}.col-md-offset-10{margin-left:83.33333%}.col-md-offset-11{margin-left:91.66667%}.col-md-offset-12{margin-left:100%}}@media (min-width: 1230px){.col-lg-1,.col-lg-2,.col-lg-3,.col-lg-4,.col-lg-5,.col-lg-6,.col-lg-7,.col-lg-8,.col-lg-9,.col-lg-10,.col-lg-11,.col-lg-12{float:left}.col-lg-1{width:8.33333%}.col-lg-2{width:16.66667%}.col-lg-3{width:25%}.col-lg-4{width:33.33333%}.col-lg-5{width:41.66667%}.col-lg-6{width:50%}.col-lg-7{width:58.33333%}.col-lg-8{width:66.66667%}.col-lg-9{width:75%}.col-lg-10{width:83.33333%}.col-lg-11{width:91.66667%}.col-lg-12{width:100%}.col-lg-pull-0{right:auto}.col-lg-pull-1{right:8.33333%}.col-lg-pull-2{right:16.66667%}.col-lg-pull-3{right:25%}.col-lg-pull-4{right:33.33333%}.col-lg-pull-5{right:41.66667%}.col-lg-pull-6{right:50%}.col-lg-pull-7{right:58.33333%}.col-lg-pull-8{right:66.66667%}.col-lg-pull-9{right:75%}.col-lg-pull-10{right:83.33333%}.col-lg-pull-11{right:91.66667%}.col-lg-pull-12{right:100%}.col-lg-push-0{left:auto}.col-lg-push-1{left:8.33333%}.col-lg-push-2{left:16.66667%}.col-lg-push-3{left:25%}.col-lg-push-4{left:33.33333%}.col-lg-push-5{left:41.66667%}.col-lg-push-6{left:50%}.col-lg-push-7{left:58.33333%}.col-lg-push-8{left:66.66667%}.col-lg-push-9{left:75%}.col-lg-push-10{left:83.33333%}.col-lg-push-11{left:91.66667%}.col-lg-push-12{left:100%}.col-lg-offset-0{margin-left:0%}.col-lg-offset-1{margin-left:8.33333%}.col-lg-offset-2{margin-left:16.66667%}.col-lg-offset-3{margin-left:25%}.col-lg-offset-4{margin-left:33.33333%}.col-lg-offset-5{margin-left:41.66667%}.col-lg-offset-6{margin-left:50%}.col-lg-offset-7{margin-left:58.33333%}.col-lg-offset-8{margin-left:66.66667%}.col-lg-offset-9{margin-left:75%}.col-lg-offset-10{margin-left:83.33333%}.col-lg-offset-11{margin-left:91.66667%}.col-lg-offset-12{margin-left:100%}}.clearfix:before,.clearfix:after{content:" ";display:table}.clearfix:after{clear:both}.pull-right{float:right !important}.pull-left{float:left !important}.fs-hidden{display:none !important}.fs-clearfix:before,.fs-clearfix:after{content:" ";display:table}.fs-clearfix:after{clear:both}body{font-size:.9375em;-webkit-font-smoothing:antialiased}@media (min-width: 480px){body{font-size:calc(.9375em + (18 - 15) * (100vw - 480px) / (1400 - 480))}}@media (min-width: 1400px){body{font-size:1.125em}}h1,h2,h3,h4,h5,h6,ul,li,ol{-webkit-margin-before:0;-webkit-margin-after:0}h1,.fs-text-xxl{font-size:2.5rem;font-weight:normal}h2,.fs-text-xl{font-size:2rem;font-weight:normal}h3,.fs-text-l{font-size:1.5rem;font-weight:normal}h4,.fs-text-m{font-size:1.25rem;font-weight:normal}h5,.fs-text-s{font-size:0.875rem;font-weight:normal}h6,.fs-text-xs{font-size:0.75rem;font-weight:normal}small,.fs-text-xxs{font-size:0.625rem;font-weight:normal}h1.fs-responsive-text,.fs-text-xxl.fs-responsive-text{font-size:2.5em}h2.fs-responsive-text,.fs-text-xl.fs-responsive-text{font-size:2em}h3.fs-responsive-text,.fs-text-l.fs-responsive-text{font-size:1.5em}h4.fs-responsive-text,.fs-text-m.fs-responsive-text{font-size:1.25em}h5.fs-responsive-text,.fs-text-s.fs-responsive-text{font-size:0.875em}h6.fs-responsive-text,.fs-text-xs.fs-responsive-text{font-size:0.75em}.fs-text-xxs.fs-responsive-text{font-size:0.625em}.fs-headline{line-height:1.25;font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-weight:normal;margin:0}.fs-text-margin{margin:1.6rem 0}ul{list-style:none;-webkit-padding-start:0}button,input,optgroup,select,textarea{font-family:inherit}.fs-text-link{color:#003891;cursor:pointer;text-decoration:none;background-image:linear-gradient(rgba(0,56,145,0.5), rgba(0,56,145,0.5));background-size:1px 1px;background-repeat:repeat-x;background-position:0 1.2em;-webkit-tap-highlight-color:transparent}.fs-text-link:before,.fs-text-link:after,.fs-text-link *,.fs-text-link *:before,.fs-text-link *:after{text-shadow:none}.fs-text-link:visited{color:#003891}.fs-text-link:hover{background-image:linear-gradient(#003891, #003891)}@media (min-width: 48rem){.fs-text-link{background-position:0 1.3em}}.fs-card{padding:1em 0}.fs-card:before,.fs-card:after{content:" ";display:table}.fs-card:after{clear:both}.fs-card-metric{font-size:0.75rem;font-weight:normal;color:gray;display:block;line-height:1;margin-bottom:1em}.fs-card-metric span{margin-right:1.5em}.fs-card-metric-type{font-weight:bold;color:#999}.fs-card-metric-time{font-style:italic;color:#666}.fs-card-metric-views{color:#333}.fs-card-thumb{width:20%;margin-right:1em;float:left;max-width:200px}.fs-card--basic .fs-card-thumb:after{background:gray;content:'';display:block;padding-top:100%;width:100%}.fs-card-info{overflow:auto}.fs-author{display:block;font-style:normal}.fs-author:before,.fs-author:after{content:" ";display:table}.fs-author:after{clear:both}.fs-author-avatar{width:20%;max-width:1em;margin-right:1em;float:left;position:relative}.fs-author-image{border:1px solid rgba(0,0,0,0.15);max-width:100%;border-radius:50%;overflow:hidden}.fs-author-badge{font-size:0.875rem;font-weight:normal;position:absolute;right:0;bottom:0}.fs-author-badge .icon-flame{background:#ffc000;border-radius:50%;width:1.5em;height:1.5em;display:inline-block;line-height:1.5em;text-align:center}.fs-author-name{font-weight:bold}.fs-author--inline{margin-top:.5em}.fs-author--inline .fs-author-info{line-height:1em}.fs-author--inline .fs-author-avatar{margin-right:.5em}.fs-author--inline .fs-author-byline{font-size:0.75rem;font-weight:normal}.fs-author--inline .fs-author-title{margin-left:.5em}.fs-card-description{font-size:0.75em;color:#4D4D4D;line-height:1.5;overflow:auto;margin:.5em 0 0;display:none}@media (min-width: 768px){.fs-card-description{display:block}}.fs-card--dark{color:#fff}.fs-card--dark .fs-author-title .icon-staff-verified{color:rgba(255,255,255,0.7)}.fs-card--cover .fs-card-content{position:relative;overflow:hidden}.fs-card--cover .fs-card-content:before{content:"";display:block;padding-bottom:56.25%}.fs-card--cover .fs-card-thumb{position:absolute;top:0;left:0;right:0;bottom:0;width:100%;margin-right:auto;float:none;max-width:none}.fs-card--cover .fs-card-thumb:after{background-image:linear-gradient(to bottom, transparent, rgba(0,0,0,0.8));bottom:0;content:'';left:0;position:absolute;right:0;top:-2em}.fs-card--cover .fs-card-info{position:absolute;left:0;right:0;bottom:0;padding:1em;z-index:1}.fs-card--cover .fs-headline{font-size:1.25em}.fs-card--cover .fs-card-thumb{background-size:cover}.fs-article{line-height:1.5;max-width:42em}.fs-article h1,.fs-article h2,.fs-article h3,.fs-article h4,.fs-article h5,.fs-article h6,.fs-article p,.fs-article ol,.fs-article pre,.fs-article table,.fs-article blockquote{margin:1.6rem 0}.fs-article>div:first-child>:first-child{margin-top:0}.fs-article a{text-decoration:none;color:#003891}.fs-article a:hover{text-decoration:underline}.fs-article .table-wrapper{margin:10px 0;overflow-x:auto}.fs-article td,.fs-article th{padding:3px 5px;vertical-align:top;font-size:0.75em}.fs-article thead tr{background:#ccc}.fs-article thead th{font-weight:bold;vertical-align:bottom;border-bottom:2px solid #fff;border-left:1px solid #fff}.fs-article tbody tr{border-bottom:2px solid #fff}.fs-article tbody tr:nth-child(odd){background:#F2F2F2}.fs-article tbody tr:nth-child(even){background:#E6E6E6}.fs-article tbody td{border-left:1px solid #fff}.fs-article tbody td p{margin:0}.fs-article tfoot td{color:#999;padding:1px;font-size:0.625em}.fs-article blockquote{position:relative;padding-left:1.75em}.fs-article blockquote:before{position:absolute;top:0;left:0;content:"\201C";color:#B3B3B3;font-size:2.5em}.article-body-image{line-height:0;position:relative}.article-body-image small{position:absolute;bottom:0;line-height:1;padding:.25em;color:#fff;background-color:rgba(0,0,0,0.5)}.fs-main-content h1.fs-headline{margin-top:1rem;margin-bottom:1rem;font-size:22px;position:relative;-webkit-font-smoothing:antialiased}@media (min-width: 480px){.fs-main-content h1.fs-headline{font-size:calc(22px + (40 - 22) * (100vw - 20rem) / (1400 - 320))}}@media (min-width: 1400px){.fs-main-content h1.fs-headline{font-size:40px}}.article-body.fs-responsive-text{font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-size:17.6px;line-height:1.4em}.wp-caption-text{line-height:1.4em}@media all and (min-width: 1401px){.article-body.fs-responsive-text{font-size:21px}.fs-main-content h1.fs-headline{font-size:40.76px}}@media all and (min-width: 1025px) and (max-width: 1400px){.fs-main-content h1.fs-headline{font-size:32.44px;line-height:1.2em}}@media all and (min-width: 768px) and (max-width: 1024px){.fs-main-content h1.fs-headline{font-size:27.44px;line-height:1.3em}}@media all and (max-width: 767px){.fs-main-content h1.fs-headline{font-size:32.64px;line-height:1.3em}}@media print{.article-video-placeholder,.top-ad-container,.ad-rail-container,sidenav,navbar,footer,medianet,speed-bump,fbs-ad,fbs-video,page[aria-current="false"]{display:none !important}channel-path .logo,channel-path .crumb:before{display:inline-block !important;font-size:15px !important}stream.sidebar-expanded{-webkit-transform:none !important;transform:none !important;margin-left:0 !important}.body-container{width:100%}}.fs-article .embedly-embed{height:100%;left:0;position:absolute;top:0;width:100%}.fs-article .embedly-wrap{height:0;position:relative;width:100%}.fs-article .image-embed div,.fs-article .wp-caption div{line-height:0;overflow:hidden;position:relative}.fs-article .image-embed fbs-accordion,.fs-article .wp-caption fbs-accordion{display:block}.fs-article .image-embed fbs-accordion [aria-expanded="false"],.fs-article .wp-caption fbs-accordion [aria-expanded="false"]{height:1.25em}.fs-article .image-embed fbs-accordion.expandable p,.fs-article .wp-caption fbs-accordion.expandable p{padding-right:1em;position:relative}.fs-article .image-embed fbs-accordion.expandable p[aria-expanded="false"]:after,.fs-article .wp-caption fbs-accordion.expandable p[aria-expanded="false"]:after{content:"[+]";position:absolute;right:0;top:0}.fs-article .image-embed fbs-accordion.expandable p[aria-expanded="true"]:after,.fs-article .wp-caption fbs-accordion.expandable p[aria-expanded="true"]:after{content:" [-]";height:auto}.fs-article .image-embed figcaption,.fs-article .wp-caption figcaption{font-size:.75rem;font-style:italic;line-height:1.4;margin-top:0.5em}.fs-article .image-embed p,.fs-article .wp-caption p{margin:0}.fs-article .image-embed p:after,.fs-article .wp-caption p:after{font-style:normal}.fs-article .image-embed small,.fs-article .wp-caption small{background-color:rgba(0,0,0,0.5);bottom:0;color:#fff;line-height:1;padding:0.25em;position:absolute}.fs-article .wp-caption-text{font-size:0.75rem;font-weight:normal;font-style:italic;margin-top:0.5em;position:relative}.fs-article .link-embed{background-color:#F2F2F2;color:#000;display:block;padding:20px;text-decoration:none;width:100%}.fs-article .link-embed header{font-size:1.5rem;font-weight:normal;margin-bottom:20px}.fs-article .link-embed small{display:block}.fs-article .link-embed .provider-name{font-weight:bold;text-transform:uppercase}.btn{font-size:0.875em;display:inline-flex;align-items:center;justify-content:center;font-weight:bold;border-radius:5px;cursor:pointer;line-height:1;border:none;box-sizing:border-box;transition:all 200ms ease}.btn.btn-rect-lg{padding:1.5em 1em}.btn.btn-rect-sm{padding:0.75em 1em}.btn.btn-square{width:45px;height:45px;padding:1.1em 1em}.btn.btn-circle{width:2rem;height:2rem;border-radius:50%}.btn.btn-black{background-color:#000;color:#fff}.btn.btn-black:hover{background-color:#1a1a1a;color:#fff}.btn.btn-black.secondary{background-color:#fff;border:2px solid #000;color:#000;color:#000}.btn.btn-black.secondary:hover{color:#1a1a1a;border:2px solid #1a1a1a}.btn.btn-gray{background-color:#999;color:#fff}.btn.btn-gray:hover{background-color:#b3b3b3;color:#fff}.btn.btn-gray.secondary{background-color:#fff;border:2px solid #999;color:#999;color:#000}.btn.btn-gray.secondary:hover{color:#b3b3b3;border:2px solid #b3b3b3}.btn.btn-blue{background-color:#069eec;color:#fff}.btn.btn-blue:hover{background-color:#2bb4fa;color:#fff}.btn.btn-blue.secondary{background-color:#fff;border:2px solid #069eec;color:#069eec;color:#000}.btn.btn-blue.secondary:hover{color:#2bb4fa;border:2px solid #2bb4fa}.btn.btn-red{background-color:#f0222e;color:#fff}.btn.btn-red:hover{background-color:#f3525b;color:#fff}.btn.btn-red.secondary{background-color:#fff;border:2px solid #f0222e;color:#f0222e;color:#000}.btn.btn-red.secondary:hover{color:#f3525b;border:2px solid #f3525b}.btn.btn-yellow{background-color:#ffc000;color:#000}.btn.btn-yellow:hover{background-color:#ffcd33;color:#1a1a1a}.btn.btn-yellow.secondary{background-color:#fff;border:2px solid #ffc000;color:#ffc000;color:#000}.btn.btn-yellow.secondary:hover{color:#ffcd33;border:2px solid #ffcd33}.btn:hover{box-shadow:0 0 20px rgba(0,0,0,0.2)}.btn:active{box-shadow:none;top:0.5px;left:0.5px}.btn-facebook{background-color:#3b5998;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-facebook:hover{background-color:#4c70ba;color:#fff}.btn-facebook-secondary{background-color:#fff;border:2px solid #3b5998;color:#3b5998;width:2rem;height:2rem;border-radius:50%}.btn-facebook-secondary:hover{color:#4c70ba;border:2px solid #4c70ba}.btn-google{background-color:#dd4b39;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-google:hover{background-color:#e47365;color:#fff}.btn-google-secondary{background-color:#fff;border:2px solid #dd4b39;color:#dd4b39;width:2rem;height:2rem;border-radius:50%}.btn-google-secondary:hover{color:#e47365;border:2px solid #e47365}.btn-linkedin{background-color:#0077b5;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-linkedin:hover{background-color:#0099e8;color:#fff}.btn-linkedin-secondary{background-color:#fff;border:2px solid #0077b5;color:#0077b5;width:2rem;height:2rem;border-radius:50%}.btn-linkedin-secondary:hover{color:#0099e8;border:2px solid #0099e8}.btn-twitter{background-color:#55acee;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-twitter:hover{background-color:#83c3f3;color:#fff}.btn-twitter-secondary{background-color:#fff;border:2px solid #55acee;color:#55acee;width:2rem;height:2rem;border-radius:50%}.btn-twitter-secondary:hover{color:#83c3f3;border:2px solid #83c3f3}.btn-instagram{background-color:#333;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-instagram:hover{background-color:#4d4d4d;color:#fff}.btn-instagram-secondary{background-color:#fff;border:2px solid #333;color:#333;width:2rem;height:2rem;border-radius:50%}.btn-instagram-secondary:hover{color:#4d4d4d;border:2px solid #4d4d4d}.btn-youtube{background-color:#cd201f;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-youtube:hover{background-color:#e23e3d;color:#fff}.btn-youtube-secondary{background-color:#fff;border:2px solid #cd201f;color:#cd201f;width:2rem;height:2rem;border-radius:50%}.btn-youtube-secondary:hover{color:#e23e3d;border:2px solid #e23e3d}.btn-pinterest{background-color:#bd081c;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-pinterest:hover{background-color:#ee0a23;color:#fff}.btn-pinterest-secondary{background-color:#fff;border:2px solid #bd081c;color:#bd081c;width:2rem;height:2rem;border-radius:50%}.btn-pinterest-secondary:hover{color:#ee0a23;border:2px solid #ee0a23}.btn-email{background-color:#999;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-email:hover{background-color:#b3b3b3;color:#fff}.btn-email-secondary{background-color:#fff;border:2px solid #999;color:#999;width:2rem;height:2rem;border-radius:50%}.btn-email-secondary:hover{color:#b3b3b3;border:2px solid #b3b3b3}@font-face{font-family:"forbesicon";src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.eot");src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.eot?#iefix") format("embedded-opentype"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.woff") format("woff"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.ttf") format("truetype"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.svg#forbesicon") format("svg");font-weight:normal;font-style:normal}@media screen and (-webkit-min-device-pixel-ratio: 0){@font-face{font-family:"forbesicon";src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.svg#forbesicon") format("svg")}}.icon:before{-moz-osx-font-smoothing:grayscale;-webkit-font-smoothing:antialiased;display:inline-block;font-family:"forbesicon";font-smoothing:antialiased;font-style:normal;font-variant:normal;font-weight:normal;line-height:1;speak:none;text-decoration:inherit;text-rendering:optimizeLegibility;text-transform:none}.icon-add-person:before{content:"\f168"}.icon-amazon:before{content:"\f162"}.icon-arrow-down:before{content:"\f100"}.icon-arrow-down-bar:before{content:"\f149"}.icon-arrow-up:before{content:"\f101"}.icon-authorvoice:before{content:"\f174"}.icon-badge:before{content:"\f15f"}.icon-baidu:before{content:"\f16a"}.icon-book:before{content:"\f102"}.icon-brandvoice-logo:before{content:"\f150"}.icon-brandvoice-logo-brand:before{content:"\f151"}.icon-brandvoice-logo-voice:before{content:"\f152"}.icon-calendar:before{content:"\f143"}.icon-cart:before{content:"\f15b"}.icon-chat:before{content:"\f15c"}.icon-check:before{content:"\f103"}.icon-chevron-down:before{content:"\f135"}.icon-chevron-left:before{content:"\f136"}.icon-chevron-right:before{content:"\f137"}.icon-chevron-up:before{content:"\f138"}.icon-clipboard:before{content:"\f148"}.icon-clock:before{content:"\f146"}.icon-close:before{content:"\f104"}.icon-cog:before{content:"\f134"}.icon-comment-bubble:before{content:"\f105"}.icon-confirmation:before{content:"\f170"}.icon-copy:before{content:"\f153"}.icon-desktop:before{content:"\f164"}.icon-donald-trump:before{content:"\f163"}.icon-download:before{content:"\f14a"}.icon-edit:before{content:"\f141"}.icon-email:before{content:"\f106"}.icon-enlarge:before{content:"\f147"}.icon-error:before{content:"\f171"}.icon-explore:before{content:"\f161"}.icon-facebook:before{content:"\f139"}.icon-flame:before{content:"\f15e"}.icon-forbes-china-logo:before{content:"\f16b"}.icon-forbes-finds-logo:before{content:"\f175"}.icon-forbes-italy:before{content:"\f173"}.icon-forbes-life:before{content:"\f107"}.icon-forbes-logo:before{content:"\f108"}.icon-forbes-logo-f:before{content:"\f109"}.icon-gallery:before{content:"\f140"}.icon-georgia-daquo:before{content:"\f10a"}.icon-georgia-uaquo:before{content:"\f10b"}.icon-google:before{content:"\f13a"}.icon-group:before{content:"\f10c"}.icon-hamburger:before{content:"\f10d"}.icon-handshake:before{content:"\f14b"}.icon-home:before{content:"\f10e"}.icon-insights:before{content:"\f165"}.icon-instagram:before{content:"\f13b"}.icon-italia:before{content:"\f176"}.icon-link:before{content:"\f10f"}.icon-linkedin:before{content:"\f13c"}.icon-location:before{content:"\f156"}.icon-lock:before{content:"\f154"}.icon-megaphone:before{content:"\f14c"}.icon-microphone:before{content:"\f14d"}.icon-mobile:before{content:"\f166"}.icon-pause:before{content:"\f15d"}.icon-phone-call:before{content:"\f14e"}.icon-photo:before{content:"\f167"}.icon-pinterest:before{content:"\f13d"}.icon-plus:before{content:"\f110"}.icon-preview-eye:before{content:"\f145"}.icon-print:before{content:"\f111"}.icon-qzone:before{content:"\f16c"}.icon-renren:before{content:"\f16d"}.icon-reply:before{content:"\f112"}.icon-reset:before{content:"\f113"}.icon-rss-feed:before{content:"\f114"}.icon-search:before{content:"\f115"}.icon-share:before{content:"\f116"}.icon-snapchat:before{content:"\f169"}.icon-square-bracket-left:before{content:"\f11e"}.icon-square-bracket-right:before{content:"\f11f"}.icon-staff-verified:before{content:"\f158"}.icon-star:before{content:"\f120"}.icon-terms:before{content:"\f14f"}.icon-trash:before{content:"\f142"}.icon-tumblr:before{content:"\f13e"}.icon-twitter:before{content:"\f13f"}.icon-twitter-verified:before{content:"\f157"}.icon-u30-logo:before{content:"\f155"}.icon-under-30-logo:before{content:"\f159"}.icon-user:before{content:"\f125"}.icon-video:before{content:"\f126"}.icon-video-rect:before{content:"\f172"}.icon-wechat:before{content:"\f16e"}.icon-weibo:before{content:"\f16f"}.icon-womenforbes-logo:before{content:"\f160"}.icon-youtube:before{content:"\f15a"}html,body{overflow-y:auto}fbs-ad[position="mobile"]{position:fixed;bottom:0;width:100%;text-align:center}*,*:before,*:after{box-sizing:border-box}button{border:none;outline:none;padding:0;background:none;cursor:pointer}img{max-width:100%}a{text-decoration:none;-webkit-tap-highlight-color:transparent}.hidden{display:none !important}h1,h2,h3,h4,h5,h6{margin:0}ul,ol{padding-left:0}fbs-embedly{display:block;height:0;margin:0;overflow:hidden;padding-bottom:67.5%;position:relative;width:100%}fbs-embedly iframe{border:0;height:100%;left:0;position:absolute;top:0;width:100%}fbs-video .brightcove_perform{position:relative;width:100%;height:0;padding-bottom:56.25%;overflow:hidden}fbs-video .vjs-big-play-button .vjs-icon-placeholder:before{content:"" !important}fbs-video .playable-rectangle .vjs-big-play-button,fbs-video .playable-rectangle .play-button-icon{position:absolute;top:50% !important;left:50% !important;width:20% !important;height:0 !important;min-width:30px;max-width:150px;-webkit-transform:translate(-50%, -50%);transform:translate(-50%, -50%);background-color:transparent !important;margin-left:0 !important;margin-top:0 !important;font-family:Arial !important;box-shadow:none !important}fbs-video .playable-rectangle .vjs-big-play-button:before,fbs-video .playable-rectangle .vjs-big-play-button:after,fbs-video .playable-rectangle .play-button-icon:before,fbs-video .playable-rectangle .play-button-icon:after{content:" ";display:block;position:absolute;width:100%;padding-top:100%;transition:all 0.2s ease-in-out;margin-top:-50%}fbs-video .playable-rectangle .vjs-big-play-button:before,fbs-video .playable-rectangle .play-button-icon:before{background:url("data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9Ii0zMjAgMjMyIDE1MCAxNTAiPjxwYXRoIGQ9Ik0tMjQ1IDIzMmMtNDEuNCAwLTc1IDMzLjYtNzUgNzVzMzMuNiA3NSA3NSA3NSA3NS0zMy42IDc1LTc1Uy0yMDMuNiAyMzItMjQ1IDIzMnoiLz48L3N2Zz4=");opacity:0.5}fbs-video .playable-rectangle .vjs-big-play-button:after,fbs-video .playable-rectangle .play-button-icon:after{background:url("data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9Ii0zMjAgMjMyIDE1MCAxNTAiPjxzdHlsZSB0eXBlPSJ0ZXh0L2NzcyI+ICANCgkuc3Qwe2ZpbGw6I0ZGRkZGRjt9DQo8L3N0eWxlPjxwb2x5Z29uIGNsYXNzPSJzdDAiIHBvaW50cz0iLTI2NC4xIDMzOS41IC0yNjQuMSAyNzQuNSAtMjA3LjkgMzA3ICIvPjwvc3ZnPg==")}fbs-video .playable-rectangle:hover .vjs-big-play-button:before,fbs-video .playable-rectangle:hover .play-button-icon:before{-webkit-transform:scale(0);transform:scale(0)}fbs-video .playable-rectangle:hover .vjs-big-play-button:after,fbs-video .playable-rectangle:hover .play-button-icon:after{-webkit-transform:scale(2);transform:scale(2)}fbs-quotecard{display:inline}fbs-quotecard .card-preview{position:relative;display:inline-block;line-height:1.4em;padding-left:4px}fbs-quotecard .card-preview:hover .preview.negative{color:#fff;background-color:#c20c00;border-color:#a70a00}fbs-quotecard .card-preview:hover .preview.positive{color:#fff;background-color:#017200;border-color:#015900}fbs-quotecard a.preview{font-weight:600;padding:0 3px;color:#555;border-radius:4px}fbs-quotecard a.preview.negative{border:1px #f6dbd9 solid;background-color:#faeceb}fbs-quotecard a.preview.positive{border:1px #d6e8d6 solid;background-color:#eaf3ea}fbs-quotecard .card-hover{position:absolute;top:1.2em;left:3px;width:220px}fbs-quotecard .card-hover.reverse-display{left:auto;right:3px}fbs-quotecard .card-hover.reverse-display .card-contents:after{left:auto;right:20px}fbs-quotecard .card-hover.above{top:auto;bottom:2.5em}fbs-quotecard .card-hover.above .card-contents:after{content:'▼';top:auto;bottom:-0.9em;text-shadow:0 3px 2px rgba(0,0,0,0.2)}fbs-quotecard .card-contents{width:100%;position:relative;top:14px;background-color:#fff;padding:20px;z-index:10;border-radius:5px;box-shadow:2px 2px 8px #000}fbs-quotecard .card-contents:after{position:absolute;top:-0.8em;left:20px;content:'▲';display:inline-block;color:#fff;text-shadow:0 -3px 2px rgba(0,0,0,0.2);-webkit-transform:scaleX(1.75);transform:scaleX(1.75)}fbs-quotecard a.company-name{color:black}fbs-quotecard a.company-name:hover{color:#003891;cursor:pointer}fbs-quotecard a.company-name h2{margin-top:0;margin-bottom:3px;font-weight:normal}fbs-quotecard a.ticker{font-weight:bold;text-decoration:underline}fbs-quotecard a.ticker h5{margin-top:0;margin-bottom:0}fbs-quotecard h2,fbs-quotecard h5,fbs-quotecard h5.fs-headline{margin-top:0;margin-bottom:0}fbs-quotecard p.cost,fbs-quotecard p.as-of{margin-left:0}fbs-quotecard .cost{font-weight:bold;color:black;margin-bottom:0;margin-top:0.5em}fbs-quotecard .cost span.difference{font-size:.6em;margin:4px}fbs-quotecard .cost span.difference.negative{color:#c20c00}fbs-quotecard .cost span.difference.negative .icon:before{content:"\f100";padding-right:2px}fbs-quotecard .cost span.difference.positive{color:#017200}fbs-quotecard .cost span.difference.positive .icon:before{content:"\f101";padding-right:2px}fbs-quotecard .cost span.difference span{margin:2px}fbs-quotecard p.as-of{color:#939393;margin-top:0;margin-bottom:1em;line-height:1.4;font-size:13px}fbs-quotecard ul.stories{border:5px solid #ddd;border-width:5px 0 0}fbs-quotecard ul.stories li.story{list-style-type:none;margin:1em 0 0}fbs-quotecard .hidden{display:none}.slick-slider{position:relative;display:block;box-sizing:border-box;-webkit-touch-callout:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;touch-action:pan-y;-webkit-tap-highlight-color:transparent}.slick-list{position:relative;overflow:hidden;display:block;margin:0;padding:0}.slick-list:focus{outline:none}.slick-list.dragging{cursor:pointer;cursor:hand}.slick-slider .slick-track,.slick-slider .slick-list{-webkit-transform:translate3d(0, 0, 0);transform:translate3d(0, 0, 0)}.slick-track{position:relative;left:0;top:0;display:block;margin-left:auto;margin-right:auto}.slick-track:before,.slick-track:after{content:"";display:table}.slick-track:after{clear:both}.slick-loading .slick-track{visibility:hidden}.slick-slide{float:left;height:100%;min-height:1px;display:none}[dir="rtl"] .slick-slide{float:right}.slick-slide img{display:block}.slick-slide.slick-loading img{display:none}.slick-slide.dragging img{pointer-events:none}.slick-initialized .slick-slide{display:block}.slick-loading .slick-slide{visibility:hidden}.slick-vertical .slick-slide{display:block;height:auto;border:1px solid transparent}.slick-arrow.slick-hidden{display:none}fbs-accordion>*{overflow:hidden}fbs-accordion [aria-expanded="false"]{height:1em}fbs-accordion [aria-expanded="true"]{height:100%}html,body{overflow-y:auto}#server-ad-rail{position:absolute;z-index:1}#server-ad-rail fbs-ad{display:block;margin-top:600px}#server-ad-rail fbs-ad:first-of-type{margin-top:0}.ratio1x1:before{content:'';display:block;padding-bottom:100%}@media all and (max-width: 480px){fbs-ad{text-align:center}}
</style><script type="text/javascript">window.LUX=window.LUX||{};window.LUX.samplerate=1;</script><script src="https://cdn.speedcurve.com/js/lux.js?id=22432108" data-key="https://cdn.speedcurve.com/js/lux.js?id=22432108" onload="this.dataset.loaded = true" async="" defer=""></script><style ng-transition="ng-templates">[_nghost-c2]{position:absolute;min-width:768px;width:100%;padding:0;background-color:#F2F2F2}@media all and (min-width: 1025px) and (max-width: 1229px){[_nghost-c2]{padding:0 2.5%}}</style><style ng-transition="ng-templates">[_nghost-c4]{position:fixed;z-index:2}.navbar-expanded[_nghost-c4]   .brand-logo-container[_ngcontent-c4]{display:flex;align-items:center}.navbar-expanded[_nghost-c4]   .homepage-link[_ngcontent-c4]{font-size:0.875rem;font-weight:normal}.top-nav[_ngcontent-c4]{height:100%;width:100%;display:flex;align-items:center;position:relative}li[_ngcontent-c4]{cursor:pointer}.expand-social[_ngcontent-c4], .trending[_ngcontent-c4]{display:none}.core-unit[_ngcontent-c4]{display:flex;margin-right:.5em;padding-right:.5em;border-right:2px solid gray}.core-unit[_ngcontent-c4]   .core-unit-logo[_ngcontent-c4]{max-width:calc(115.9px * 16/13);min-width:calc(115.9px * 16/13);height:16px !important}core-unit-subscription[_ngcontent-c4]{position:absolute;right:5.8%;top:0}a[_ngcontent-c4]{text-transform:uppercase;font-weight:700}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4], .icon-close[_ngcontent-c4]{transition:opacity, -webkit-transform;transition:transform, opacity;transition:transform, opacity, -webkit-transform;will-change:transform, opacity}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4], .icon-close[_ngcontent-c4]{transition:opacity 0.5s ease-in-out}.icon-close[_ngcontent-c4]:before{transition:-webkit-transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out, -webkit-transform 0.25s ease-in-out}.icon-close[_ngcontent-c4]{opacity:0;z-index:0}.icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(90deg);transform:rotate(90deg)}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4]{position:absolute;opacity:1;z-index:1}.hamburger[_ngcontent-c4]{margin-right:.5em}.hamburger.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]{opacity:1;z-index:1}.hamburger.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(0deg);transform:rotate(0deg)}.hamburger.open[_ngcontent-c4]   .icon-hamburger[_ngcontent-c4]{z-index:0;opacity:0}.icon-search[_ngcontent-c4]{width:1em}.homepage-link[_ngcontent-c4]{height:1em}.search.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]{opacity:1;z-index:1}.search.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(0deg);transform:rotate(0deg)}.search.open[_ngcontent-c4]   .icon-search[_ngcontent-c4]{opacity:0;z-index:0}sharing[_ngcontent-c4]{display:none}sharing[_ngcontent-c4]     .chat{display:none}@media all and (min-width: 1230px){[_nghost-c4]{height:60px;width:250px;background-color:#333;color:#fff}.navbar-expanded[_nghost-c4]{width:100%}.navbar-expanded[_nghost-c4]   .top-nav[_ngcontent-c4]{width:400px}.top-nav[_ngcontent-c4]{padding:0 1em}.search[_ngcontent-c4]{position:absolute;top:50%;-webkit-transform:translateY(-50%);transform:translateY(-50%)}.search[_ngcontent-c4]{right:1em}.share-expanded[_ngcontent-c4]{display:none}}@media all and (min-width: 1280px){[_nghost-c4]{width:400px}.slotted-swimlaned[_nghost-c4]:not(.navbar-expanded){width:290px}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c4]:not(.navbar-expanded){width:400px}}@media (min-width: 769px) and (max-width: 1229px){[_nghost-c4]{width:60px;height:100%;background:#fff;background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKAQMAAAHA+21oAAAABlBMVEX///+tra03rAC8AAAAAXRSTlMAQObYZgAAACdJREFUCB1jaGBAAAeGBgYOBgUwKQCkHRgOACUPMDAzMPAwMBgwAABYMQQgMKldwwAAAABJRU5ErkJggg==);background-size:5px 5px;text-align:center;display:flex;flex-direction:column;justify-content:space-between}.navbar-expanded[_nghost-c4]   .top-nav[_ngcontent-c4]{margin-top:0;transition:none}.navbar-expanded[_nghost-c4]   .hamburger[_ngcontent-c4]{margin-right:0}.navbar-expanded[_nghost-c4]   .brand-logo-container[_ngcontent-c4]{display:none}core-unit-subscription[_ngcontent-c4]{display:none}sharing.expanded[_ngcontent-c4]{display:block}sharing[_ngcontent-c4]     .expand-social{display:inline-block}sharing[_ngcontent-c4]     ul{display:flex;width:650px}sharing[_ngcontent-c4]     li{font-size:1.5em}sharing[_ngcontent-c4]     li.permalink{background:#B3B3B3;padding-right:20px;margin-left:-3px}sharing[_ngcontent-c4]     li.permalink button{float:left}sharing[_ngcontent-c4]     button{width:60px;height:60px;border-radius:0}sharing[_ngcontent-c4]     button .icon-share{vertical-align:middle;font-size:1.25rem;font-weight:normal}sharing[_ngcontent-c4]     button.email{background-color:#000}sharing[_ngcontent-c4]     button .icon-link:before{content:"\f10f"}sharing[_ngcontent-c4]     span input{width:200px;height:40px;margin-top:10px}.core-unit[_ngcontent-c4]{display:none}.top-nav[_ngcontent-c4], .bottom-sticky[_ngcontent-c4]{display:flex;flex-direction:column;height:50%}.top-nav[_ngcontent-c4]{margin-top:-60px;transition:margin-top 0.25s ease-in-out}.top-nav.nav-items-container[_ngcontent-c4]{margin-top:0px}.top-nav[_ngcontent-c4]   a[_ngcontent-c4]{display:block;width:60px;height:60px;line-height:60px}.top-nav[_ngcontent-c4]   .share-expanded[_ngcontent-c4]{display:none}.bottom-sticky[_ngcontent-c4]{justify-content:space-between}.brand-logo-container[_ngcontent-c4]{order:-1}.homepage-link[_ngcontent-c4]{color:#fff;background:#333;font-size:0.875rem;font-weight:normal}.expand-social[_ngcontent-c4]{display:inline-block}li[_ngcontent-c4]{width:30px;height:30px;line-height:30px;color:#fff;float:left;text-align:center}li.share-text[_ngcontent-c4]{font-weight:bold;line-height:20px;height:20px;width:100%;color:#333;background:#fff;text-transform:uppercase}.icon-facebook[_ngcontent-c4]{background-color:#3b5998}.icon-twitter[_ngcontent-c4]{background-color:#55acee}.icon-email[_ngcontent-c4]{background:#000}.icon-linkedin[_ngcontent-c4]{background-color:#0077b5}.icon-chevron-right[_ngcontent-c4]{margin-left:3px}.hamburger[_ngcontent-c4]{margin-right:0}.hamburger[_ngcontent-c4]:hover   .icon-hamburger[_ngcontent-c4]:before, .search[_ngcontent-c4]:hover   .icon-search[_ngcontent-c4]:before{color:#fff;background-color:#333}.icon-hamburger[_ngcontent-c4]:before{font-size:1.1em;width:60px;height:auto;padding:20px;background-color:#fff}.icon-search[_ngcontent-c4]:before{font-size:1.1em;width:60px;height:auto;padding:20px;background-color:#fff}.icon-close[_ngcontent-c4]:before{width:100%;color:#fff;padding:20px;background-color:#333}.trending[_ngcontent-c4]{display:block;padding:0;width:60px;height:60px;line-height:60px;background-color:#4D4D4D;color:#fff;font-size:1.6em}.icon-plus[_ngcontent-c4]:before{transition:-webkit-transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out, -webkit-transform 0.25s ease-in-out;-webkit-transform:rotate(0deg);transform:rotate(0deg)}.icon-plus.rotate[_ngcontent-c4]:before{-webkit-transform:rotate(45deg);transform:rotate(45deg)}.trending[_ngcontent-c4]   small[_ngcontent-c4]{position:absolute;bottom:0;left:0;width:100%;text-transform:uppercase;line-height:normal}.trending[_ngcontent-c4]   small.closed[_ngcontent-c4]{display:none}}@media all and (max-width: 768px){[_nghost-c4]{width:100%;height:60px;background-color:#fff;color:#1A1A1A;border-bottom:solid #E6E6E6 2px}.navbar-expanded[_nghost-c4]{background-color:#333;color:#fff}.top-nav[_ngcontent-c4]{padding:0 1em}sharing.expanded[_ngcontent-c4]{display:inline}sharing[_ngcontent-c4]{position:fixed;top:60px;right:26px;height:120px;padding:.5em;background-color:#666;border-radius:5px;width:275px;color:#fff;font-size:1.5rem;font-weight:normal}sharing[_ngcontent-c4]     li{font-size:1.5rem;font-weight:normal}sharing[_ngcontent-c4]     button{margin:5px;border-radius:0;width:40px;height:40px;line-height:40px}sharing[_ngcontent-c4]     .share-expanded, sharing[_ngcontent-c4]     .google{display:none}sharing[_ngcontent-c4]     .email{background-color:#333}sharing[_ngcontent-c4]     .chat{display:inline-block;width:40px;height:40px;line-height:40px;text-align:center}sharing[_ngcontent-c4]     .permalink{display:block}sharing[_ngcontent-c4]     .permalink span{position:absolute;right:0.5em}sharing[_ngcontent-c4]     .permalink input{width:200px;height:40px}.search[_ngcontent-c4]   .icon-close[_ngcontent-c4]{display:none}core-unit-subscription[_ngcontent-c4]{right:15%}.search[_ngcontent-c4]{position:absolute;right:2em;width:1em;height:1em}.search[_ngcontent-c4], .share-expanded[_ngcontent-c4]{top:50%;-webkit-transform:translateY(-50%);transform:translateY(-50%)}.share-expanded[_ngcontent-c4]{position:absolute;right:1em}}</style><style ng-transition="ng-templates">fbs-video.sticky-video{position:fixed;top:60px;left:0;z-index:99}@media all and (min-width: 1230px) and (max-width: 1279px){  .sticky-video{width:250px}}@media all and (min-width: 1280px){  .sticky-video{width:400px}  .sticky-video.sticky-sponsored-video{width:290px}}@media all and (min-width: 1440px){  .sticky-video.sticky-sponsored-video{width:400px}}[_nghost-c7]{display:block;height:100%;position:fixed;width:390px;top:0}@media all and (min-width: 1230px){[_nghost-c7]{top:60px}.video-placeholder[_ngcontent-c7]{background-color:#000}.video-placeholder[_ngcontent-c7]   .overlay-title[_ngcontent-c7]{position:absolute;left:0;width:100%;z-index:1;font-weight:bold;line-height:15px;padding:5px 0 5px 1em;color:#fff;background-color:rgba(51,51,51,0.5);display:none}.video-placeholder[_ngcontent-c7]:hover   .overlay-title[_ngcontent-c7]{display:block}}@media all and (min-width: 1230px) and (max-width: 1279px){[_nghost-c7]{width:250px}[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], [_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(250px * (9/16));height:calc(100% - calc(250px * (9/16)) - 60px)}}@media all and (min-width: 1280px){[_nghost-c7]{width:400px}[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], [_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(400px * (9/16));height:calc(100% - calc(400px * (9/16)) - 60px)}.slotted-swimlaned[_nghost-c7]{width:290px}.slotted-swimlaned[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], .slotted-swimlaned[_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(290px * (9/16));height:calc(100% - calc(290px * (9/16)) - 60px)}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c7]{width:400px}.slotted-swimlaned[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], .slotted-swimlaned[_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(400px * (9/16));height:calc(100% - calc(400px * (9/16)) - 60px)}}@media all and (max-width: 1229px){.navbar-expanded[_nghost-c7]{height:calc(100% - 60px);top:60px}.video-placeholder[_ngcontent-c7]{display:none}}@media all and (min-width: 769px) and (max-width: 1229px){[_nghost-c7]{margin-left:60px}}@media all and (max-width: 768px){[_nghost-c7]{top:60px}}</style><style ng-transition="ng-templates">[_nghost-c13]{margin-left:60px;display:block;position:relative;background-color:#fff;height:100%;z-index:1;transition:-webkit-transform 200ms;transition:transform 200ms;transition:transform 200ms, -webkit-transform 200ms}.sidebar-expanded[_nghost-c13]{will-change:transform;-webkit-transform:translate(390px, 0);transform:translate(390px, 0)}page[_ngcontent-c13]{max-width:1800px;width:100%;margin:0 auto}fbs-ad[_ngcontent-c13]{position:fixed;bottom:0;width:100%;text-align:center}@media all and (min-width: 1230px){[_nghost-c13]{margin-left:250px}.sidebar-expanded[_nghost-c13]{-webkit-transform:none;transform:none;will-change:inherit}}@media all and (min-width: 1230px) and (max-width: 1279px){[_nghost-c13]{margin-left:250px}page[_ngcontent-c13]{padding:0 35px}}@media all and (min-width: 1280px){[_nghost-c13]{margin-left:400px}.slotted-swimlaned[_nghost-c13]{margin-left:290px}page[_ngcontent-c13]{width:95%}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c13]{margin-left:400px}}@media all and (max-width: 768px){[_nghost-c13]{margin:auto}}</style><script src="https://www.googletagservices.com/tag/js/gpt.js" data-key="https://www.googletagservices.com/tag/js/gpt.js" onload="this.dataset.loaded = true" async="" defer=""></script><script src="https://native.sharethrough.com/assets/sfp.js" data-key="https://native.sharethrough.com/assets/sfp.js" onload="this.dataset.loaded = true" async="" defer=""></script><style ng-transition="ng-templates">[_nghost-c14]{padding:0 5%;display:block}[_nghost-c14]     .share-expanded{display:none}.fs-article[_ngcontent-c14]{max-width:initial}featured-image[_ngcontent-c14]{margin-bottom:2em}sharing[_ngcontent-c14]{font-size:1.25em}sharing[_ngcontent-c14]     li{margin-right:8px}sharing[_ngcontent-c14]     .email{background:#000}.article-wrapper[_ngcontent-c14]{position:relative}.article-wrapper[_ngcontent-c14]:before, .article-wrapper[_ngcontent-c14]:after{content:" ";display:table}.article-wrapper[_ngcontent-c14]:after{clear:both}.body-container[_ngcontent-c14]{display:block;padding-right:5%;margin-right:300px}.body-container.no-rail[_ngcontent-c14]{margin-right:0}.body-container.no-rail[_ngcontent-c14]   .fs-article[_ngcontent-c14]{max-width:100%}article-body-container[_ngcontent-c14]{display:block}article-body-container[_ngcontent-c14], contrib-block[_ngcontent-c14], guest-contrib[_ngcontent-c14], group-blog[_ngcontent-c14]{margin-top:1em}footer[_ngcontent-c14]{display:inline-block;width:100%}footer[_ngcontent-c14]   pagination-nav[_ngcontent-c14]{float:right}footer[_ngcontent-c14]   sharing[_ngcontent-c14]{clear:both;float:right;position:relative;margin:5px 0}footer[_ngcontent-c14]   sharing[_ngcontent-c14]:before{content:'Share: ';position:absolute;left:-55px;line-height:30px;color:#333;font-size:0.875rem;font-weight:normal;font-weight:bold;font-family:"Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif}.ad-rail-container[_ngcontent-c14]{float:right;height:auto}fbs-ad-rail[_ngcontent-c14]{display:block;width:300px;height:100%}fbs-ad-rail[_ngcontent-c14]     fbs-ad{margin-top:600px;display:block}fbs-ad-rail[_ngcontent-c14]     fbs-ad[position="spon-logo"], fbs-ad-rail[_ngcontent-c14]     fbs-ad[position="rec"]{margin-top:0}fbs-ad-rail[_ngcontent-c14]     [position="spon-logo"] div:first-child{margin-bottom:20px}@media all and (min-width: 1025px) and (max-width: 1229px){[_nghost-c14]{padding:0 7.5%}}@media all and (max-width: 1229px){sharing[_ngcontent-c14]{display:none}}@media all and (max-width: 768px){[_nghost-c14]{padding-top:60px}}</style><style ng-transition="ng-templates">[_nghost-c15]{width:100%;background:#fff;font-weight:normal;display:inline-block}.core-unit[_nghost-c15]{margin-top:60px}[position="top"][_ngcontent-c15]{display:block;width:100%;min-height:90px;padding:12px 0;text-align:center;z-index:1}[position="top"][_ngcontent-c15]    >div{margin:0 -8.8%;overflow-x:auto;overflow-y:hidden}.top-ad-container[_ngcontent-c15]{min-height:116px;border-bottom:2px solid #E6E6E6;margin:auto;float:none}.sticky[_ngcontent-c15]{position:fixed;top:0;border:none;width:100%;background:#fff;z-index:9999;transition:top 500ms}.sticky.core-unit[_ngcontent-c15]{top:60px}group-blog-blurb[_ngcontent-c15]{margin-top:1em}.women-at-forbes[_ngcontent-c15]{width:135px;height:20px;float:left;margin:10px 20px 0 0}.women-at-forbes[_ngcontent-c15]   img[_ngcontent-c15]{vertical-align:top}.article-meta[_ngcontent-c15]{min-height:1em;line-height:20px;color:gray;display:block;margin-top:1em;font-weight:bold}.article-meta[_ngcontent-c15]   channel-path[_ngcontent-c15]{display:none}.badge[_ngcontent-c15]{display:inline-block;position:relative;margin-left:1em}.forbes-on-trump[_ngcontent-c15]{color:#fff;background-color:#333;padding:2px 7px 0 29px;font-weight:bold}.forbes-on-trump[_ngcontent-c15]   .icon-donald-trump[_ngcontent-c15]{position:absolute;top:1px;left:4px}.forbes-on-trump[_ngcontent-c15]:before{content:'Forbes on trump';text-transform:uppercase}.forbes-100[_ngcontent-c15]{vertical-align:top;background-color:#333}.forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}.editors-pick[_ngcontent-c15]:before{content:'Editor\'s pick';color:#1A1A1A;margin-left:23px;font-weight:bold;text-transform:uppercase}.icon-badge[_ngcontent-c15]{position:absolute;left:0;top:0;color:#ffc000}.icon-star[_ngcontent-c15]{position:absolute;top:-1px;left:3.5px;color:#1A1A1A}div[_ngcontent-c15]{float:right;margin-left:6px}div[_ngcontent-c15]   a[_ngcontent-c15]{padding:3px 5px;background-color:#003891;color:#fff;text-decoration:none;text-transform:uppercase;border-radius:8px;transition:all 0.15s ease-in-out}div[_ngcontent-c15]   a[_ngcontent-c15]:hover{background-color:#000}.circ-link[_ngcontent-c15]{font-weight:bold;color:#c41a23;float:right}featured-image[_ngcontent-c15]{margin:1rem 0}.badge-wrapper[_ngcontent-c15]{display:none}.badge-wrapper[_ngcontent-c15]   .badge[_ngcontent-c15]{display:inline-block;position:relative;margin-left:1em}.badge-wrapper[_ngcontent-c15]   [_ngcontent-c15]:first-child{margin-left:0}.badge-wrapper[_ngcontent-c15]   .women-at-forbes[_ngcontent-c15]{width:162px;height:24px;border:1px solid #000;margin:0}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15], .badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]{vertical-align:top}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]   img[_ngcontent-c15], .badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]{color:#fff;background-color:#333;padding:2px 7px 0 29px;font-weight:bold;line-height:20px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]   .icon-donald-trump[_ngcontent-c15]{position:absolute;top:1px;left:4px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]:before{content:'Forbes on trump';text-transform:uppercase}.badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]{vertical-align:top;background-color:#333}.badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}@media all and (max-width: 768px){.core-unit[_nghost-c15]{margin-top:0}channel-path[_ngcontent-c15], .women-at-forbes[_ngcontent-c15], .forbes-on-trump[_ngcontent-c15], .forbes-100[_ngcontent-c15], .circ-link[_ngcontent-c15]{display:none}.article-meta[_ngcontent-c15]   channel-path[_ngcontent-c15]{display:block}.badge-wrapper[_ngcontent-c15]{display:inline-block}}@media all and (min-width: 1230px) and (max-width: 1329px){[position="top"][_ngcontent-c15]    >div{margin:0 -3.6%}}</style><style ng-transition="ng-templates">[_nghost-c26]{display:inline-block;font-weight:bold;text-transform:uppercase}.view-count[_ngcontent-c26]{margin-left:2em}</style><style ng-transition="ng-templates">[_nghost-c10]{text-transform:uppercase;display:block;font-family:forbesicon}.reversible[_nghost-c10]   .icon-facebook[_ngcontent-c10]{background:#3b5998;color:#fff}.reversible[_nghost-c10]   .icon-facebook[_ngcontent-c10]:hover{background:#fff;color:#3b5998}.reversible[_nghost-c10]   .icon-twitter[_ngcontent-c10]{background:#55acee;color:#fff}.reversible[_nghost-c10]   .icon-twitter[_ngcontent-c10]:hover{background:#fff;color:#55acee}.reversible[_nghost-c10]   .icon-linkedin[_ngcontent-c10]{background:#0077b5;color:#fff}.reversible[_nghost-c10]   .icon-linkedin[_ngcontent-c10]:hover{background:#fff;color:#0077b5}.reversible[_nghost-c10]   .icon-google[_ngcontent-c10]{background:#dd4b39;color:#fff}.reversible[_nghost-c10]   .icon-google[_ngcontent-c10]:hover{background:#fff;color:#dd4b39}.reversible[_nghost-c10]   .icon-pinterest[_ngcontent-c10]{background:#bd081c;color:#fff}.reversible[_nghost-c10]   .icon-pinterest[_ngcontent-c10]:hover{background:#fff;color:#bd081c}.reversible[_nghost-c10]   .icon-email[_ngcontent-c10]{background:#B3B3B3;color:#fff}.reversible[_nghost-c10]   .icon-email[_ngcontent-c10]:hover{background:#fff;color:#B3B3B3}li[_ngcontent-c10]{display:inline-block;line-height:1.5em}li.share-expanded[_ngcontent-c10]{background-color:#fff}li.share-expanded[_ngcontent-c10]   button[_ngcontent-c10]{color:#333}li.share-expanded[_ngcontent-c10]   button[_ngcontent-c10]:after{content:'share';text-transform:uppercase;display:block;font-weight:700;font-size:10px;line-height:10px;position:relative;top:-15px}button[_ngcontent-c10]{color:#fff;width:1.5em;height:1.5em;border-radius:50%}input[_ngcontent-c10]{width:auto;height:1.5em;border:0;padding:0 10px;font:400 1rem "Georgia","Cambria","Times New Roman","Times",serif;border-radius:5px;box-shadow:inset 2px 3px 3px rgba(0,0,0,0.1)}.facebook[_ngcontent-c10]{background-color:#3b5998}.twitter[_ngcontent-c10]{background-color:#55acee}.linkedin[_ngcontent-c10]{background-color:#0077b5}.google[_ngcontent-c10]{background-color:#dd4b39}.pinterest[_ngcontent-c10]{background-color:#bd081c}.email[_ngcontent-c10]{background-color:#B3B3B3}.chat[_ngcontent-c10]{background-color:#009623;width:1.5em}.chat[_ngcontent-c10]   i[_ngcontent-c10]:before{content:"\f15c"}</style><style ng-transition="ng-templates">[_nghost-c22]{display:block;margin:20px 0;clear:both}ul[_ngcontent-c22]{display:flex;justify-content:space-between}li[_ngcontent-c22]{display:inline-block;font-weight:bold;color:#333;text-align:left;padding:0 3px}li[_ngcontent-c22]   a[_ngcontent-c22]{text-decoration:underline}li[_ngcontent-c22]   a[_ngcontent-c22]:hover, li[_ngcontent-c22]   a[_ngcontent-c22]:active{color:#069eec}.print[_ngcontent-c22]{padding-left:0}@media all and (max-width: 768px){.print[_ngcontent-c22]{display:none}}@media all and (max-width: 480px){i[_ngcontent-c22]{padding-right:0}li[_ngcontent-c22]{display:block;float:left}}</style><style ng-transition="ng-templates">[_nghost-c17]{display:inline-block;width:100%}contrib-byline.no-disclaimer[_ngcontent-c17]{padding-top:12px}.contrib-container[_ngcontent-c17]{display:flex}.fs-author-avatar[_ngcontent-c17]{width:4em;height:4em;max-width:80px}.fs-author-avatar[_ngcontent-c17]   img[_ngcontent-c17]{min-width:60px;width:100%}.most-popular-icon[_ngcontent-c17]   small[_ngcontent-c17]{display:none;position:absolute;top:0;left:25px;padding:5px;background-color:#ffc000;font-weight:bold;border-radius:4px;text-transform:uppercase;white-space:nowrap}.contrib-tagline[_ngcontent-c17]{color:#999;font-style:italic;line-height:1.25;margin-top:0.5em}.full-bio[_ngcontent-c17]{display:inline-block;color:#003891;font-weight:bold;text-transform:uppercase}.full-bio[_ngcontent-c17]:before{content:'Full Bio'}.bio-expanded[_ngcontent-c17]{background-color:#F2F2F2;position:relative;padding:.8em;margin:-.8em}.bio-expanded[_ngcontent-c17]   .full-bio[_ngcontent-c17]{position:absolute;right:8px;top:5px;color:#000}.bio-expanded[_ngcontent-c17]   .full-bio[_ngcontent-c17]:before{content:''}.bio-expanded[_ngcontent-c17]   .icon-chevron-down[_ngcontent-c17]:before{content:'\f104'}.legal-disclaimer[_ngcontent-c17]{display:block;margin-top:1em}  follow-link{display:block;margin:.2em 0}.social-links[_ngcontent-c17]{display:flex}li[_ngcontent-c17]{padding:0 10px}li[_ngcontent-c17]   .icon[_ngcontent-c17]{color:#666}li[_ngcontent-c17]:first-of-type{padding-left:0}.icon[_ngcontent-c17]:hover.icon-facebook{color:#3b5998}.icon[_ngcontent-c17]:hover.icon-twitter{color:#55acee}.icon[_ngcontent-c17]:hover.icon-linkedin{color:#0077b5}.icon[_ngcontent-c17]:hover.icon-instagram{color:#333}.icon[_ngcontent-c17]:hover.icon-rss-feed{color:#f38521}.icon[_ngcontent-c17]:hover.icon-book{color:#f90}.icon[_ngcontent-c17]:hover.icon-google{color:#dd4b39}.icon[_ngcontent-c17]:hover.icon-youtube{color:#cd201f}@media (max-width: 1024px){.fs-author-avatar[_ngcontent-c17]{max-width:40px;max-height:45px}.fs-author-avatar[_ngcontent-c17]   img[_ngcontent-c17]{min-width:40px}}@media (min-width: 768px){.most-popular-icon[_ngcontent-c17]:hover   small[_ngcontent-c17]{display:inline}}</style><style ng-transition="ng-templates">[_nghost-c27]{display:block}.brand[_ngcontent-c27]{color:#c41a23;font-style:italic;vertical-align:baseline}.comma[_ngcontent-c27]{margin-left:-.25rem}.contrib-byline-type[_ngcontent-c27]{color:#999;text-transform:uppercase}.icon-staff-verified[_ngcontent-c27]{color:#003891}.icon-u30-logo[_ngcontent-c27]{color:#ffc000}.icon-womenforbes-logo[_ngcontent-c27]{color:#000;vertical-align:middle}</style><style ng-transition="ng-templates">.article-gallery-embedded{border-color:#E6E6E6;border-style:solid;border-width:3px 0px;width:100%;padding:1.5em 5%;margin:1em 0;font-size:1.5rem;font-weight:normal;overflow:hidden}  .article-gallery-embedded .article-image-box{width:47%;float:left;margin-right:3%}  .article-gallery-embedded .article-image-box img{display:block}  .article-gallery-embedded .article-text-box{width:50%;float:left}  .article-gallery-embedded .article-text-box header{font:700 0.875em "Helvetica Neue",Helvetica,Arial,sans-serif;color:#003891;margin-bottom:.5em}  .article-gallery-embedded .article-text-box header .icon{color:#999;margin-right:.5em}  .article-gallery-embedded .article-text-box h4{font:normal 1.5em "Georgia","Cambria","Times New Roman","Times",serif;color:#000}  .article-gallery-embedded .article-text-box .article-launch-gallery{display:inline-block;font:700 0.875em "Helvetica Neue",Helvetica,Arial,sans-serif;margin-top:0.75em;margin-right:.5em}  .article-gallery-embedded .article-text-box .article-launch-gallery .article-launch-text{color:#003891}  .article-gallery-embedded .article-text-box .article-launch-gallery .article-slide-count{font-size:0.875em;margin:0;color:#999}  .article-gallery-embedded .article-text-box .article-launch-button{background-color:#069eec;color:#fff;display:inline-block;vertical-align:bottom;width:2em;height:2em;text-align:center;height:40px;width:40px;border-radius:20px;transition:-webkit-transform 0.15s ease-in-out;transition:transform 0.15s ease-in-out;transition:transform 0.15s ease-in-out, -webkit-transform 0.15s ease-in-out;-webkit-transform:translate(0, 0);transform:translate(0, 0)}  .article-gallery-embedded .article-text-box .article-launch-button .icon-chevron-right,   .article-gallery-embedded .article-text-box .article-launch-button .icon-chevron-right:before{vertical-align:middle}@media all and (max-width: 1229px){  .article-gallery-embedded{font-size:1.5rem;font-weight:normal}}@media all and (max-width: 1024px){  .article-gallery-embedded{font-size:1.25rem;font-weight:normal}  .article-gallery-embedded .article-image-box{float:right;margin-right:auto}  .article-gallery-embedded .article-text-box{float:left;margin-right:3%}  .article-gallery-embedded .article-text-box .article-launch-button{font-size:0.75em}}[_nghost-c20]{display:inline-block}[_nghost-c20]     .article-promo-bv{position:relative;max-width:800px;font-size:initial;margin:2em auto 2.5em;text-align:center;transition:max-height 0.3s ease-in-out}[_nghost-c20]     .article-promo-bv h3{font-weight:normal;line-height:1.2em;font-family:"Georgia","Cambria","Times New Roman","Times",serif}[_nghost-c20]     .article-promo-bv a{color:#000;text-decoration:none}[_nghost-c20]     .article-promo-bv .inline-reveal{position:relative;z-index:0;overflow-y:hidden;height:100%;transition:all 0.3s linear}[_nghost-c20]     .article-promo-bv.collapsed .inline-reveal{height:0}[_nghost-c20]     .article-promo-bv:before, [_nghost-c20]     .article-promo-bv:after{height:0;content:"";display:block;position:absolute;left:10%;right:10%;z-index:0}[_nghost-c20]     .article-promo-bv:before{border-top:1px solid #c41a23;top:0}[_nghost-c20]     .article-promo-bv:after{border-top:2px solid #c41a23;bottom:0}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this{margin:1.5em 5% 2em}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this h3{margin-top:1em}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this h3 a{font-size:1.25em}[_nghost-c20]     .article-promo-bv .brandvoice-entity a{display:inline-block}[_nghost-c20]     .article-promo-bv .brandvoice-entity a .avatar{width:2em}[_nghost-c20]     .article-promo-bv .brandvoice-entity a .brandvoice{white-space:nowrap;font:bold 1em "Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif}[_nghost-c20]     .article-promo-bv .inline-peak{position:absolute;width:100%;bottom:0;z-index:1}[_nghost-c20]     .article-promo-bv .slug{display:inline-block;background:#fff;font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-weight:bold;line-height:1em;position:relative;bottom:-.5em;padding-right:30px;padding-left:10px}[_nghost-c20]     .article-promo-bv .brandvoice{color:#c41a23;font-style:italic}[_nghost-c20]     .article-promo-bv .brandvoice .brand{color:#000;font-style:normal}@media all and (max-width: 768px){.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .avatar[_ngcontent-c20]{vertical-align:middle;margin-right:.5em}}@media all and (max-width: 1024px){.article-promo-bv[_ngcontent-c20]   .inline-peak[_ngcontent-c20]   .slug[_ngcontent-c20]   .help[_ngcontent-c20]{top:1px}}@media all and (min-width: 769px){.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .avatar[_ngcontent-c20]{width:3em;margin-bottom:.5em}.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .brandvoice[_ngcontent-c20]{display:block}}@media all and (min-width: 1025px){.article-promo-bv[_ngcontent-c20]{font-size:1.25rem;font-weight:normal}}@media all and (min-width: 1230px){.article-promo-bv[_ngcontent-c20]{font-size:1.5rem;font-weight:normal}}fbs-ad[_ngcontent-c20]{display:block;text-align:center;margin-bottom:30px;overflow-x:auto}p[_ngcontent-c20]{margin-top:0}div[_ngcontent-c20]     {display:block}div[_ngcontent-c20]     img{width:100%}div[_ngcontent-c20]     .progressive-placeholder:before{content:'';display:block;padding-bottom:56.25%}div[_ngcontent-c20]     .fbs-brightcove{margin:1em 0}div[_ngcontent-c20]     .alignleft{float:left;margin:0.5% 3.5% 1.75% 0}div[_ngcontent-c20]     .alignright{float:right;margin:0.5% 0 1.75% 3.5%}div[_ngcontent-c20]     .alignleft, div[_ngcontent-c20]     .alignright{width:40%;line-height:0}div[_ngcontent-c20]     .alignleft .caption-container, div[_ngcontent-c20]     .alignright .caption-container{padding-top:0.5em}div[_ngcontent-c20]     .alignleft .wp-caption-text, div[_ngcontent-c20]     .alignright .wp-caption-text{margin:0;line-height:1.4em}div[_ngcontent-c20]     .tweet_quote{padding:0 3px 0 0}div[_ngcontent-c20]     .tweet_quote:hover a{color:#fff;background-color:#55acee;text-decoration:none}div[_ngcontent-c20]     .tweet_quote:hover span:before{margin-left:-1.3em}div[_ngcontent-c20]     .tweet_quote a{transition:background-color 0.2s ease-in-out;color:#000}div[_ngcontent-c20]     .tweet_quote span{position:relative;color:#55acee;width:1.5em;height:1em;padding:0 .25em;overflow:hidden;display:inline-block}div[_ngcontent-c20]     .tweet_quote span:before, div[_ngcontent-c20]     .tweet_quote span:after{content:"\f13f";font-family:forbesicon;font-size:1.25em;display:block;height:1em;float:left}div[_ngcontent-c20]     .tweet_quote span:before{margin-left:0;transition:margin-left 0.2s ease-in-out}div[_ngcontent-c20]     .tweet_quote span:after{color:#fff}div[_ngcontent-c20]     ul li, div[_ngcontent-c20]     ol li{margin:1em 0;margin-left:3em}div[_ngcontent-c20]     ol li{list-style:decimal}div[_ngcontent-c20]     ul li{list-style:disc}div[_ngcontent-c20]     div[style*="clear"]{clear:left !important}div[_ngcontent-c20]     .slideimgbox>img{margin:auto}  .sticky-video-placeholder{background:#000 url("//i.forbesimg.com/media/assets/logos/forbes-logo-f.png") no-repeat center center;position:relative;width:100%;height:0;padding:56.25% 0 0;overflow:hidden}loading[_ngcontent-c20]{background:lightgrey;color:dimgrey;text-align:center;height:400px;width:calc(100% - 200px)}@media (1230px) and (1400px){[_nghost-c20]     .article-body .alignleft, [_nghost-c20]     .article-body .alignright{padding:3.25% 0}}@media (min-width: 769px){[_nghost-c20]     .article-body .alignleft{margin:1.75% 3.5% 1.75% -3.5%}[_nghost-c20]     .article-body .alignright{margin:1.75% -3.5% 1.75% 3.5%}}@media all and (max-width: 768px){[_nghost-c20]{padding-right:0px;margin-right:0px}[_nghost-c20]     .article-body .alignleft, [_nghost-c20]     .article-body .alignright{float:none;width:auto;margin-left:3%}}</style><style ng-transition="ng-templates">[_nghost-c21]{display:inline-block;margin:0;color:#999}strong[_ngcontent-c21]{color:#000;text-transform:uppercase}li[_ngcontent-c21]{float:left;margin-right:6px}.prev[_ngcontent-c21], .next[_ngcontent-c21]{display:inline-block;text-transform:none;background:#fff;border:2px solid #000;border-radius:5px;padding:.5em 1em;font-weight:bold;color:#000}.prev[_ngcontent-c21]:hover, .next[_ngcontent-c21]:hover{background:#069eec;border-color:#069eec;color:#fff}.prev[_ngcontent-c21]   .icon[_ngcontent-c21], .next[_ngcontent-c21]   .icon[_ngcontent-c21]{position:relative;left:0;transition:left .3s ease-in-out }.prev[_ngcontent-c21]{margin-right:.5em}.prev[_ngcontent-c21]:hover   .icon[_ngcontent-c21]{left:-5px}.next[_ngcontent-c21]{margin-left:.5em}.next[_ngcontent-c21]:hover   .icon[_ngcontent-c21]{left:5px}</style><style ng-transition="ng-templates">[_nghost-c24]{display:block;padding-top:1.5rem;border-bottom:2px solid #E6E6E6;padding-bottom:12px;transition:font-size 0.3s ease-out;font-family:"Georgia","Cambria","Times New Roman","Times",serif}.logo[_ngcontent-c24]{display:inline-block}.crumb[_ngcontent-c24], .hashtag[_ngcontent-c24]{vertical-align:baseline}.crumb[_ngcontent-c24]:before, .hashtag[_ngcontent-c24]:before{content:"/";display:inline-block;margin:0 .5em 0 .3em;position:relative;top:-0.15em;color:#ccc;font-size:0.75em}.crumb[_ngcontent-c24]{color:#999}.hashtag[_ngcontent-c24]{text-transform:capitalize;color:#003891}@media (min-width: 1230px){.logo[_ngcontent-c24], .crumb[_ngcontent-c24]:before{display:none}}@media all and (max-width: 768px){[_nghost-c24]{border-bottom:none;padding:0;font-weight:400}.crumb[_ngcontent-c24], .hashtag[_ngcontent-c24]{font-size:0.875rem;font-weight:normal}.crumb[_ngcontent-c24]{color:gray;text-transform:capitalize}.hashtag[_ngcontent-c24]:before{font-size:0.875rem;font-weight:normal}.logo[_ngcontent-c24], .crumb[_ngcontent-c24]:before{display:none}}</style><meta name="apple-itunes-app" content="app-id=588647136"><meta property="fb:app_id" content="123694841080850"><meta property="og:site_name" content="Forbes"><meta name="twitter:site" content="@forbes"><meta name="description" content="OPEC is potentially extending production cuts, in an attempt to stabilize oil prices. Hurricane Harvey caused a stockpile of crude, and a lack of supply of natural gas. Traders are looking to see whether OPEC will be extending production cuts and how Harvey will affect the oil market fundamentally." itemprop="description"><meta name="keywords" content="" itemprop="keywords"><meta name="author" content="Nikolai Kuznetsov" itemprop="author"><meta property="og:title" content="OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher"><meta property="og:image" content="https://thumbor.forbes.com/thumbor/600x315/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale"><meta property="og:updated_time" content="2017-09-13T18:22:33-04:00"><meta property="og:url" content="https://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/"><meta property="og:description" content="OPEC is potentially extending production cuts, in an attempt to stabilize oil prices. Hurricane Harvey caused a stockpile of crude, and a lack of supply of natural gas. Traders are looking to see whether OPEC will be extending production cuts and how Harvey will affect the oil market fundamentally."><meta property="og:type" content="article"><meta name="twitter:card" content="summary_large_image"><meta name="twitter:title" content="OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher"><meta name="twitter:description" content="OPEC is potentially extending production cuts, in an attempt to stabilize oil prices. Hurricane Harvey caused a stockpile of crude, and a lack of supply of natural gas. Traders are looking to see whether OPEC will be extending production cuts and how Harvey will affect the oil market fundamentally."><meta name="twitter:image" content="https://thumbor.forbes.com/thumbor/600x300/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale" itemprop="image"><meta name="twitter:creator" content="@nikolaikuznetsov"><meta name="news_keywords" content="" itemprop="keywords"><meta property="article:publisher" content="https://www.facebook.com/forbes"><meta property="article:author" content="Nikolai Kuznetsov"><meta property="article:section" content="Business" itemprop="articleSection"><meta property="article:section_url" content="https://www.forbes.com/business/"><meta property="article:id" content="blogAndPostId/blog/post/4663-290"><meta property="article:published" content="2017-09-13" itemprop="datePublished"><meta property="article:modified" content="2017-09-13" itemprop="dateModified"><link rel="amphtml" href="https://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/amp/"><script id="article-metadata" type="application/ld+json">{"@context":"http://schema.org","publisher":{"@type":"Organization","name":"Forbes","logo":{"@type":"ImageObject","url":"https://i.forbesimg.com/media/amp/images/forbes-logo-dark.png","width":60,"height":60}},"@type":"NewsArticle","author":"Nikolai Kuznetsov","image":{"@type":"ImageObject","url":"https://thumbor.forbes.com/thumbor/1280x868/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale","width":1280,"height":868},"headline":"OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher","datePublished":"Wed Sep 13 2017 18:51:00 GMT+0000","dateModified":"Wed Sep 13 2017 22:22:33 GMT+0000","name":"OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher","Keywords":"","mainEntityOfPage":"https://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/"}</script><script id="article-speakable" type="application/ld+json">{"@context":"http://schema.org","publisher":{"@type":"Organization","name":"Forbes","logo":{"@type":"ImageObject","url":"https://i.forbesimg.com/media/amp/images/forbes-logo-dark.png","width":60,"height":60}},"@type":"WebPage","name":"OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher","speakable":{"@type":"SpeakableSpecification","cssSelector":[".speakable-headline",".speakable-author",".speakable-paragraph"]},"url":"https://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/"}</script></head><body><app-root ng-version="5.2.0">
		<!---->
		<router-outlet></router-outlet><app _nghost-c2=""><!---->
<navbar _ngcontent-c2="" _nghost-c4="" class="undefined-expanded"><div _ngcontent-c4="" class="top-nav">
	<a _ngcontent-c4="" class="hamburger fs-text-l">
		<i _ngcontent-c4="" class="icon icon-hamburger" data-ga-track="Hamburger Icon"></i>
		<i _ngcontent-c4="" class="icon icon-close" data-ga-track="Hamburger X Close"></i>
	</a>

	<div _ngcontent-c4="" class="brand-logo-container">
		<!---->

		<a _ngcontent-c4="" class="homepage-link fs-text-l" href="//www.forbes.com/">
			<i _ngcontent-c4="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
		</a>
	</div>

	<a _ngcontent-c4="" class="share-expanded fs-text-l fs-responsive-text"><i _ngcontent-c4="" class="icon icon-share"></i></a>
	<a _ngcontent-c4="" class="search fs-text-l fs-responsive-text">
		<i _ngcontent-c4="" class="icon icon-search" data-ga-track="Search Icon"></i>
		<i _ngcontent-c4="" class="icon icon-close"></i>
	</a>
</div>

<!---->

<div _ngcontent-c4="" class="bottom-sticky">
	<!----><ul _ngcontent-c4="" class="expand-social fs-text-m fs-responsive-text">
		<li _ngcontent-c4="" class="icon icon-facebook"></li>
		<li _ngcontent-c4="" class="icon icon-twitter"></li>
		<li _ngcontent-c4="" class="icon icon-email"></li>
		<li _ngcontent-c4="" class="icon icon-linkedin"></li>
		<li _ngcontent-c4="" class="share-text fs-text-xxs">
			<a _ngcontent-c4="">share</a>
			<i _ngcontent-c4="" class="icon icon-chevron-right"></i>
		</li>
	</ul>

	<!---->

	<a _ngcontent-c4="" class="trending">
		<i _ngcontent-c4="" class="icon icon-plus" data-ga-track="Popular Box"></i>
		<small _ngcontent-c4="">Trending</small>
	</a>
</div>
</navbar>
<!---->

<router-outlet _ngcontent-c2=""></router-outlet><stream _nghost-c13=""><!----><page _ngcontent-c13="" class="fs-main-content" _nghost-c14="" id="article-container-0" aria-current="true"><article-header _ngcontent-c14="" _nghost-c15=""><!----><channel-path _ngcontent-c15="" class="fs-text-l fs-responsive-text" _nghost-c24=""><a _ngcontent-c24="" class="logo" href="//www.forbes.com/">
	<i _ngcontent-c24="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
</a>
<!----><a _ngcontent-c24="" class="crumb" data-ga-track="Channel Heading Link Top" href="/investing">Investing</a>
<!----><a _ngcontent-c24="" class="hashtag" data-ga-track="Hashtag Click" href="/search/?substream=hashtags&amp;q=MarketMoves">#MarketMoves</a>
</channel-path>

<!----><div _ngcontent-c15="" class="top-ad-container" style="">
	<!---->
</div>

<!---->

<!---->

<small _ngcontent-c15="" class="article-meta">
	<!----><channel-path _ngcontent-c15="" _nghost-c24=""><a _ngcontent-c24="" class="logo" href="//www.forbes.com/">
	<i _ngcontent-c24="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
</a>
<!----><a _ngcontent-c24="" class="crumb" data-ga-track="Channel Heading Link Top" href="/investing">Investing</a>
<!----><a _ngcontent-c24="" class="hashtag" data-ga-track="Hashtag Click" href="/search/?substream=hashtags&amp;q=MarketMoves">#MarketMoves</a>
</channel-path>
	<metrics _ngcontent-c15="" class="fs-text-xs" _nghost-c26=""><time _ngcontent-c26="">Sep 13, 2017 @ 02:51 PM</time>
<!---->
</metrics>
	<!---->
	<!---->
	<!---->
	<!---->
	<a _ngcontent-c15="" class="circ-link fs-text-xs" href="" data-ga-track="Red Circulation Link"></a>
</small>

<!---->

<!----><h1 _ngcontent-c15="" class="fs-headline speakable-headline">OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher</h1>

<span _ngcontent-c15="" class="badge-wrapper">
	<!---->
	<!---->
	<!---->
</span>

<div _ngcontent-c15=""><script type="text/javascript">performance.mark = performance.mark || function(s) {}; performance.mark('content_title_end');</script></div>
</article-header>
<div _ngcontent-c14="" class="article-wrapper">
	<!----><div _ngcontent-c14="" class="ad-rail-container">
		<!---->
	</div>
	<!----><div _ngcontent-c14="" class="body-container">
		<!---->
		<sharing _ngcontent-c14="" _nghost-c10=""><!----><ul _ngcontent-c10="" class="fs-text-m">
	<li _ngcontent-c10="" class="share-expanded">
		<button _ngcontent-c10="">
			<i _ngcontent-c10="" class="icon icon-share"></i>
		</button>
	</li>
	<!----><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon email" classname="social-icon email" data-ga-track="Email Click">
			<i _ngcontent-c10="" class="icon icon-email" classname="icon icon-email" data-ga-track="Email Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon facebook" classname="social-icon facebook" data-ga-track="Facebook Click">
			<i _ngcontent-c10="" class="icon icon-facebook" classname="icon icon-facebook" data-ga-track="Facebook Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon twitter" classname="social-icon twitter" data-ga-track="Twitter Click">
			<i _ngcontent-c10="" class="icon icon-twitter" classname="icon icon-twitter" data-ga-track="Twitter Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon linkedin" classname="social-icon linkedin" data-ga-track="Linkedin Click">
			<i _ngcontent-c10="" class="icon icon-linkedin" classname="icon icon-linkedin" data-ga-track="Linkedin Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon google" classname="social-icon google" data-ga-track="Google Plus Click">
			<i _ngcontent-c10="" class="icon icon-google" classname="icon icon-google" data-ga-track="Google Plus Click"></i>
		</button>
	</li>

	<!---->

	<!---->
</ul>
</sharing>
		<!----><contrib-block _ngcontent-c14="" _nghost-c17=""><div _ngcontent-c17="" class="contrib-container">
	<!----><a _ngcontent-c17="" class="fs-author-avatar" href="/sites/nikolaikuznetsov/">
		<!----><img _ngcontent-c17="" class="fs-author-image" src="https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=400&amp;d=mm&amp;r=g" data-ga-track="Gravatar Link">
		<!---->
	</a>

	<div _ngcontent-c17="" class="contrib-info">
		<contrib-byline _ngcontent-c17="" _nghost-c27=""><span _ngcontent-c27="" class="fs-author-name contrib-byline-author speakable-author">
	<a _ngcontent-c27="" href="/sites/nikolaikuznetsov/" data-ga-track="contrib block byline">
		<!----><!---->Nikolai Kuznetsov<!---->
	</a>
</span>

<!----><span _ngcontent-c27="" class="comma">, </span>

<!---->

<!----><span _ngcontent-c27="" class="contrib-byline-type">
	<!---->
	<!---->
	<!----><span _ngcontent-c27="" class="fs-text-s author-type">Contributor</span>
</span>
</contrib-byline>

		<!---->
		<!----><a _ngcontent-c17="" class="full-bio fs-text-xs fs-responsive-text" data-ga-track="contrib block expand">
			<span _ngcontent-c17="" class="icon icon-chevron-down"></span>
		</a>

		<!----><small _ngcontent-c17="" class="legal-disclaimer">Opinions expressed by Forbes Contributors are their own.</small>

		<!---->

		<!---->

	</div>
</div>

<!---->
</contrib-block>
		<!---->
		<!---->
		<!----><article-body-container _ngcontent-c14="" class="article-body fs-article fs-responsive-text" _nghost-c20=""><!---->

<!---->

<!---->
<div _ngcontent-c20="" innerhtml="<p>Energy prices have been battered for some time now. However, we could start to see a bounce in crude oil and gas prices due to the potential fall in supply, coupled with increased demand due to <a href=&quot;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;>OPEC’s production cuts</a> and Hurricanes Harvey and Irma. <a href=&quot;https://www.tradingview.com/chart/WsnfUTZS/&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;>We’ve seen crude oil prices hovering below the $50</a>, but this could change quite soon.</p> 
<p>Moreover, <a href=&quot;https://www.tradingview.com/chart/?symbol=FOREXCOM%3ANTGUSD&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;>natural gas prices have been trading above $3</a> due to the increased demand and fall in supply after Hurricane <a href=&quot;https://www.forbes.com/sites/judeclemente/2017/09/03/hurricane-harveys-impact-on-natural-gas-prices/#4c1af83b5230&quot; target=&quot;_self&quot;>Harvey hampered refineries&amp;nbsp;and pipelines</a> in Texas and Louisiana.</p> 
<p>With crude oil and natural gas prices setting up for a potential rebound, there are some trading opportunities that have been uncovered, and some market participants might want to look to take advantage of some energy-related exchange-traded funds that have been pummeled.</p> 
<div id=&quot;attachment_41522228&quot; class=&quot;wp-caption alignnone&quot;> 
 <div class=&quot;article-body-image&quot;> 
  <progressive-image class=&quot;progressive-placeholder&quot; src=&quot;https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale&quot; low-res-src=&quot;https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale&quot;></progressive-image> 
 </div> 
 <div article-image-caption=&quot;&quot;> 
  <div class=&quot;caption-container&quot; ng-class=&quot;caption_state&quot;> 
   <fbs-accordion current=&quot;0&quot;> 
    <p class=&quot;wp-caption-text&quot;>Rainwater from Hurricane Harvey surrounds oil refinery storage tanks in this aerial photograph taken above Texas City, Texas, U.S., on Wednesday, Aug. 30, 2017. Unprecedented flooding from the Category 4 storm that slammed into the state's coast last week, sending gasoline prices surging as oil refineries shut. Photographer: Luke Sharrett/Bloomberg</p> 
   </fbs-accordion> 
  </div> 
 </div> 
</div> 
<p> 
 </p> 
<p><b>OPEC Looks to Extend Production Cuts</b></p> 
<p>Now, the Organization of the Petroleum Exporting Countries (OPEC) is <a href=&quot;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;>looking to extend its production cuts to the second half of 2018</a>, in an attempt to boost crude oil prices. An extended production cut of three months might not seem long to many, but this is what OPEC and its allies believe it needs to do under the worst-case scenario. There have also been rumors that OPEC and its allies might even look to extend production cuts for an additional six months.</p> 
<p>Although OPEC is set to meet at its ministerial meeting in late November, in Vienna, it may look to discuss a potential extension in a meeting prior to that. It’s still unknown how long OPEC will look to extend production cuts, but this depends on a multitude of factors, such as the supply of U.S. shale and global demand for crude oil.</p> 
<div class=&quot;vestpocket&quot; vest-pocket=&quot;&quot;></div> 
<p>In <a href=&quot;http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR%20September%202017.pdf&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;>OPEC’s recent September report</a>, it showed that oil production fell last month. Additionally, it highlighted that demand for oil could see a rise in 2018. However, the Organization of the Petroleum Exporting Countries might not be able to reverse production cuts on, if it wants to maintain a well-balanced level of supply and demand.</p>"><p class="speakable-paragraph">Energy prices have been battered for some time now. However, we could start to see a bounce in crude oil and gas prices due to the potential fall in supply, coupled with increased demand due to <a href="https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months" target="_blank" rel="nofollow">OPEC’s production cuts</a> and Hurricanes Harvey and Irma. <a href="https://www.tradingview.com/chart/WsnfUTZS/" target="_blank" rel="nofollow">We’ve seen crude oil prices hovering below the $50</a>, but this could change quite soon.</p> 
<p>Moreover, <a href="https://www.tradingview.com/chart/?symbol=FOREXCOM%3ANTGUSD" target="_blank" rel="nofollow">natural gas prices have been trading above $3</a> due to the increased demand and fall in supply after Hurricane <a href="https://www.forbes.com/sites/judeclemente/2017/09/03/hurricane-harveys-impact-on-natural-gas-prices/#4c1af83b5230" target="_self">Harvey hampered refineries&nbsp;and pipelines</a> in Texas and Louisiana.</p> 
<p>With crude oil and natural gas prices setting up for a potential rebound, there are some trading opportunities that have been uncovered, and some market participants might want to look to take advantage of some energy-related exchange-traded funds that have been pummeled.</p> 
<div id="attachment_41522228" class="wp-caption alignnone"> 
 <div class="article-body-image"> 
  <progressive-image class="progressive-placeholder" src="https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale" low-res-src="https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41522228%2F960x0.jpg%3Ffit%3Dscale"></progressive-image> 
 </div> 
 <div article-image-caption=""> 
  <div class="caption-container" ng-class="caption_state"> 
   <fbs-accordion current="0"> 
    <p class="wp-caption-text">Rainwater from Hurricane Harvey surrounds oil refinery storage tanks in this aerial photograph taken above Texas City, Texas, U.S., on Wednesday, Aug. 30, 2017. Unprecedented flooding from the Category 4 storm that slammed into the state's coast last week, sending gasoline prices surging as oil refineries shut. Photographer: Luke Sharrett/Bloomberg</p> 
   </fbs-accordion> 
  </div> 
 </div> 
</div> 
<p> 
 </p> 
<p><b>OPEC Looks to Extend Production Cuts</b></p> 
<p>Now, the Organization of the Petroleum Exporting Countries (OPEC) is <a href="https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months" target="_blank" rel="nofollow">looking to extend its production cuts to the second half of 2018</a>, in an attempt to boost crude oil prices. An extended production cut of three months might not seem long to many, but this is what OPEC and its allies believe it needs to do under the worst-case scenario. There have also been rumors that OPEC and its allies might even look to extend production cuts for an additional six months.</p> 
<p>Although OPEC is set to meet at its ministerial meeting in late November, in Vienna, it may look to discuss a potential extension in a meeting prior to that. It’s still unknown how long OPEC will look to extend production cuts, but this depends on a multitude of factors, such as the supply of U.S. shale and global demand for crude oil.</p> 
<div class="vestpocket" vest-pocket=""></div> 
<p>In <a href="http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR%20September%202017.pdf" target="_blank" rel="nofollow">OPEC’s recent September report</a>, it showed that oil production fell last month. Additionally, it highlighted that demand for oil could see a rise in 2018. However, the Organization of the Petroleum Exporting Countries might not be able to reverse production cuts on, if it wants to maintain a well-balanced level of supply and demand.</p></div>
<!---->
<!---->
<!---->
</article-body-container>
		<!---->
		<footer _ngcontent-c14="" class="article-footer">
			<!----><pagination-nav _ngcontent-c14="" _nghost-c21=""><!---->

	Page <strong _ngcontent-c21="">1 / 2</strong>

<!----><a _ngcontent-c21="" class="next" data-ga-track="Continue Reading" href="/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/2">Continue <i _ngcontent-c21="" class="icon icon-chevron-right"></i></a>
</pagination-nav>
			<sharing _ngcontent-c14="" _nghost-c10=""><!----><ul _ngcontent-c10="" class="fs-text-m">
	<li _ngcontent-c10="" class="share-expanded">
		<button _ngcontent-c10="">
			<i _ngcontent-c10="" class="icon icon-share"></i>
		</button>
	</li>
	<!----><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon email" classname="social-icon email" data-ga-track="Email Click">
			<i _ngcontent-c10="" class="icon icon-email" classname="icon icon-email" data-ga-track="Email Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon facebook" classname="social-icon facebook" data-ga-track="Facebook Click">
			<i _ngcontent-c10="" class="icon icon-facebook" classname="icon icon-facebook" data-ga-track="Facebook Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon twitter" classname="social-icon twitter" data-ga-track="Twitter Click">
			<i _ngcontent-c10="" class="icon icon-twitter" classname="icon icon-twitter" data-ga-track="Twitter Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon linkedin" classname="social-icon linkedin" data-ga-track="Linkedin Click">
			<i _ngcontent-c10="" class="icon icon-linkedin" classname="icon icon-linkedin" data-ga-track="Linkedin Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon google" classname="social-icon google" data-ga-track="Google Plus Click">
			<i _ngcontent-c10="" class="icon icon-google" classname="icon icon-google" data-ga-track="Google Plus Click"></i>
		</button>
	</li>

	<!---->

	<!---->
</ul>
</sharing>
			<printbar _ngcontent-c14="" _nghost-c22=""><ul _ngcontent-c22="" class="fs-text-xxs fs-responsive-text">
	<li _ngcontent-c22="" class="print">
		<a _ngcontent-c22="">Print</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="mailto:feedback@forbes.com">Website Feedback</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="https://www.forbes.com/tips/" target="_blank">News Tip</a>
	</li>
	<li _ngcontent-c22="" class="corrections">
		<a _ngcontent-c22="" href="mailto:corrections@forbes.com?subject=Report%20Correction&amp;body=Reporting%20Correction%20for%3A%0A%0ATitle%3A%20OPEC%20And%20The%20Aftermath%20of%20Hurricane%20Harvey%20Could%20Drive%20Energy%20Prices%20Higher%0AAuthor%3A%20Nikolai%20Kuznetsov%0AURL%3A%20%2F%2Fwww.forbes.com%2Fsites%2Fnikolaikuznetsov%2F2017%2F09%2F13%2Fopec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher%2F%0A%0A--%0A%0AYour%20Name%3A%0ACorrection%20Request%3A%0A%0A--%0A%0AThank%20you%20for%20reporting%20a%20correction.%20Forbes%20staff%20will%20review%20your%20concern%20shortly.">Report Corrections</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="http://forbesreprints.magreprints.com" target="_blank">Reprints &amp; Permissions</a>
	</li>
</ul></printbar>
			<!---->
		</footer>
	</div>
</div>

<!----><div _ngcontent-c14="">
	<!---->
	<!---->
</div>
</page>
</stream>
<!---->

<sidenav _ngcontent-c2="" _nghost-c7="" class="undefined-expanded"><!---->

<!---->

<!---->
</sidenav>

<!---->
</app>
	</app-root><script id="ng-templates-state" type="application/json">{&q;environmentName&q;:&q;prod&q;,&q;is_mobile&q;:false,&q;/forbesapi/content/uri.json?shortcodes=true&a;slides=true&a;type=ng&a;tickers=true&a;bvallpages=true&a;autovpslider=true&a;stream=true&a;compressimages=true&a;mobile=false&a;prgsmobileads=false&a;relativeVideo=true&a;videoplayertype=brightcove_perform_with_keyvalues&a;swimlane=&a;uri=http://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/&q;:{&q;content&q;:{&q;id&q;:&q;content_59b9690364aaf93961c9cd2c&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/4663-290&q;,&q;source&q;:&q;blogs&q;,&q;author&q;:&q;Nikolai Kuznetsov&q;,&q;title&q;:&q;OPEC And The Aftermath of Hurricane Harvey Could Drive Energy Prices Higher&q;,&q;date&q;:1505328660000,&q;body&q;:&q;&l;p&g;Energy prices have been battered for some time now. However, we could start to see a bounce in crude oil and gas prices due to the potential fall in supply, coupled with increased demand due to &l;a href=\&q;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months\&q; target=\&q;_blank\&q;&g;OPEC&a;rsquo;s production cuts&l;/a&g; and Hurricanes Harvey and Irma. &l;a href=\&q;https://www.tradingview.com/chart/WsnfUTZS/\&q; target=\&q;_blank\&q;&g;We&a;rsquo;ve seen crude oil prices hovering below the $50&l;/a&g;, but this could change quite soon.\r\n\r\nMoreover, &l;a href=\&q;https://www.tradingview.com/chart/?symbol=FOREXCOM%3ANTGUSD\&q; target=\&q;_blank\&q;&g;natural gas prices have been trading above $3&l;/a&g; due to the increased demand and fall in supply after Hurricane &l;a href=\&q;https://www.forbes.com/sites/judeclemente/2017/09/03/hurricane-harveys-impact-on-natural-gas-prices/#4c1af83b5230\&q;&g;Harvey hampered refineries&a;nbsp;and pipelines&l;/a&g; in Texas and Louisiana.\r\n\r\nWith crude oil and natural gas prices setting up for a potential rebound, there are some trading opportunities that have been uncovered, and some market participants might want to look to take advantage of some energy-related exchange-traded funds that have been pummeled.\r\n\r\n[caption id=\&q;attachment_41522228\&q; photocredit=\&q;\&q;  align=\&q;\&q; width=\&q;960\&q;]&l;img class=\&q;dam-image bloomberg size-large wp-image-41522228\&q; src=\&q;https://specials-images.forbesimg.com/imageserve/41522228/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q;&g; Rainwater from Hurricane Harvey surrounds oil refinery storage tanks in this aerial photograph taken above Texas City, Texas, U.S., on Wednesday, Aug. 30, 2017. Unprecedented flooding from the Category 4 storm that slammed into the state&s;s coast last week, sending gasoline prices surging as oil refineries shut. Photographer: Luke Sharrett/Bloomberg[/caption]\r\n\r\n&l;b&g;OPEC Looks to Extend Production Cuts&l;/b&g;\r\n\r\nNow, the Organization of the Petroleum Exporting Countries (OPEC) is &l;a href=\&q;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months\&q; target=\&q;_blank\&q;&g;looking to extend its production cuts to the second half of 2018&l;/a&g;, in an attempt to boost crude oil prices. An extended production cut of three months might not seem long to many, but this is what OPEC and its allies believe it needs to do under the worst-case scenario. There have also been rumors that OPEC and its allies might even look to extend production cuts for an additional six months.\r\n\r\nAlthough OPEC is set to meet at its ministerial meeting in late November, in Vienna, it may look to discuss a potential extension in a meeting prior to that. It&a;rsquo;s still unknown how long OPEC will look to extend production cuts, but this depends on a multitude of factors, such as the supply of U.S. shale and global demand for crude oil.\r\n\r\nIn &l;a href=\&q;http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR%20September%202017.pdf\&q; target=\&q;_blank\&q;&g;OPEC&a;rsquo;s recent September report&l;/a&g;, it showed that oil production fell last month. Additionally, it highlighted that demand for oil could see a rise in 2018. However, the Organization of the Petroleum Exporting Countries might not be able to reverse production cuts on, if it wants to maintain a well-balanced level of supply and demand.\r\n&l;!--nextpage--&g;\nOPEC&a;rsquo;s report also noted that crude oil output in August fell by 79K barrels a day to approximately 32.76M, which was primarily caused by the decline in production, in Gabon, Iraq, Libya and Venezuela. Additionally, OPEC also highlighted that production from countries outside of OPEC fell in August, primarily due to production disruptions in the U.S. following Hurricane Harvey. Moving on, Hurricane Irma did not damage Florida as much as many market participants anticipated, which buoyed crude oil prices, but cause a slight fall in natural gas prices.\r\n\r\n[caption id=\&q;attachment_41552286\&q; photocredit=\&q;\&q;  align=\&q;\&q; width=\&q;960\&q;]&l;img class=\&q;dam-image bloomberg size-large wp-image-41552286\&q; src=\&q;https://specials-images.forbesimg.com/imageserve/41552286/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q;&g; Daniel Dicker, president of MercBloc, speaks during a Bloomberg Television interview in New York, U.S., on Monday, Sept. 11, 2017. Dicker examined the impact of Hurricanes Irma and Harvey on U.S. oil production. Photographer: Christopher Goodney/Bloomberg[/caption]\r\n\r\n&l;strong&g;Hurricane Harvey Could Change the Fundamentals of the Oil Market&l;/strong&g;\r\n\r\nThe U.S. Energy Information Administration (EIA) noted, &l;a href=\&q;https://www.eia.gov/outlooks/steo/\&q; target=\&q;_blank\&q;&g;in its short-term energy outlook&l;/a&g;, that U.S. crude oil output in the Gulf Coast region is expected to fall by 70K a day, to around 1.6M barrels in August, caused by Hurricane Harvey&a;rsquo;s devastating blow to refineries and pipelines. Over a dozen refineries along the Gulf Coast went offline, causing a rise in crude stockpiles, which pushed crude oil prices lower, and drove natural gas prices higher. The market will be focused on inventory numbers, which should give traders and investors an idea of how Hurricane Harvey impacted the energy market, fundamentally.\r\n\r\n&l;strong&g;What Now?&l;/strong&g;\r\n\r\nWith energy prices potentially rising in the wake of the OPEC news and potential increase in demand for crude and natural gas, there are some exchange-traded funds that some market participants might want to focus on. For those who want exposure to energy stocks, the SPDR Select Sector Fund (NYSEARCA: XLE) could fit their needs. The ETF aims to provide investment results corresponding to the performance of the Energy Select Sector Index.\r\n\r\nMarket participants who wish to gain more direct exposure to crude oil might want to consider the United States Oil Fund LP (NYSEARCA: USO), which aims to track the daily price movements of West Texas Intermediate (WTI) light, sweet crude oil. Additionally, those seeking exposure to natural gas could consider the United States Natural Gas Fund LP (NYSEARCA: UNG). There&a;rsquo;s a lot going in the oil markets, but it seems like the consensus is the same: demand is set to rise for energy, which should drive energy prices higher.&l;/p&g;&q;,&q;description&q;:&q;OPEC is potentially extending production cuts, in an attempt to stabilize oil prices. Hurricane Harvey caused a stockpile of crude, and a lack of supply of natural gas. Traders are looking to see whether OPEC will be extending production cuts and how Harvey will affect the oil market fundamentally.&q;,&q;image&q;:&q;https://specials-images.forbesimg.com/imageserve/41522228/960x0.jpg?fit=scale&q;,&q;type&q;:&q;blog&q;,&q;storyType&q;:&q;post&q;,&q;uri&q;:&q;http://www.forbes.com/sites/nikolaikuznetsov/2017/09/13/opec-and-the-aftermath-of-hurricane-harvey-could-drive-energy-prices-higher/&q;,&q;comments&q;:[],&q;visible&q;:true,&q;authors&q;:[{&q;naturalId&q;:&q;blogAuthorId/blog/author/2458453&q;,&q;name&q;:&q;Nikolai Kuznetsov&q;,&q;avatars&q;:[{&q;size&q;:400,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=400&a;d=mm&a;r=g&q;},{&q;size&q;:136,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=136&a;d=mm&a;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=62&a;d=mm&a;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=40&a;d=mm&a;r=g&q;}],&q;url&q;:&q;http://www.forbes.com/sites/nikolaikuznetsov/&q;,&q;type&q;:&q;Contributor&q;,&q;profileUrl&q;:&q;/sites/nikolaikuznetsov/&q;,&q;twitterName&q;:&q;NikolaiKuznets&q;,&q;authorType&q;:&q;individual&q;,&q;linkedIn&q;:&q;https://www.linkedin.com/in/nikolai-kuznetsov/&q;,&q;email&q;:&q;nikolai@nikolaiknows.com&q;,&q;blog&q;:false,&q;timestamp&q;:1504727225550,&q;webSite&q;:&q;http://NikolaiKnows.com&q;,&q;blogName&q;:&q;Nikolai Kuznetsov&q;,&q;description&q;:&q;I am a financial analyst and professional trader. Based in Israel, I have been trading multiple markets and educating traders as a teacher and a mentor. I have extensive experience in stock market analysis, investment research and various assets such as FX, commodities, equities and bonds. I am an expert when it comes to technical and statistical analysis of currencies, stocks, ETFs and emerging markets. I also write about how disruptive fintech innovations/start-ups are changing the face of global economy and how they challenge traditional financial corporations. I always enjoy a good workout at the gym as I am also a black belt Brazilian Jiu-Jitsu practitioner. You can follow me on Twitter @NikolaiKuznets.&q;,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-4663&q;,&q;shortUri&q;:&q;http://bit.ly/2cwKV4A&q;,&q;displayChannel&q;:&q;investing&q;,&q;contributorSince&q;:1473372542000,&q;slug&q;:&q;nikolaikuznetsov&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_2&q;,&q;enableContribContact&q;:true,&q;sigfile&q;:&q;This material should not be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. I have no positions in any of the securities mentioned above.&q;,&q;enableTwitterFeed&q;:false,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;NikolaiKuznets&q;,&q;name&q;:&q;Nikolai Kuznetsov&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/607593361017430016/9XuqZss-.jpg&q;,&q;description&q;:&q;financial writer &a; consultant, experience in stock market analysis and investment research. Writing for @Forbes, @TheStreet and @HuffingtonPost #fintech&q;,&q;createdDate&q;:1433696114000,&q;location&q;:&q;Tel Aviv, Israel&q;,&q;url&q;:&q;http://t.co/QcLIefdlEX&q;,&q;expandedUrl&q;:&q;http://NikolaiKnows.com&q;,&q;displayUrl&q;:&q;NikolaiKnows.com&q;,&q;verified&q;:false},&q;inactive&q;:false,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;url&q;:&q;/investing&q;,&q;shortName&q;:&q;Investing&q;},&q;division&q;:&q;FC&q;,&q;allowEmail&q;:false,&q;avatar_map&q;:{}},{&q;naturalId&q;:&q;blogAuthorId/blog/author/blog-4663&q;,&q;name&q;:&q;Nikolai Kuznetsov&q;,&q;avatars&q;:[{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;}],&q;url&q;:&q;http://www.forbes.com/sites/nikolaikuznetsov/&q;,&q;profileUrl&q;:&q;https://blogs.forbes.com/nikolaikuznetsov/profile/&q;,&q;twitterName&q;:&q;NikolaiKuznets&q;,&q;authorType&q;:&q;individual&q;,&q;blog&q;:true,&q;timestamp&q;:1504126754363,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-4663&q;,&q;primaryContributor&q;:&q;blogAuthorId/blog/author/2458453&q;,&q;primaryContributorData&q;:{&q;naturalId&q;:&q;blogAuthorId/blog/author/2458453&q;,&q;name&q;:&q;Nikolai Kuznetsov&q;,&q;avatars&q;:[{&q;size&q;:136,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=136&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:400,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=400&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=40&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;https://secure.gravatar.com/avatar/bdb73b1e962043e6fa411700098d3ec0?s=62&a;#038;d=mm&a;#038;r=g&q;}],&q;blog&q;:false,&q;shortBio&q;:&q;I cover emerging markets and disruptive FinTech trends.&q;,&q;description&q;:&q;I am a financial analyst and professional trader. Based in Israel, I have been trading multiple markets and educating traders as a teacher and a mentor. I have extensive experience in stock market analysis, investment research and various assets such as FX, commodities, equities and bonds. I am an expert when it comes to technical and statistical analysis of currencies, stocks, ETFs and emerging markets. I also write about how disruptive fintech innovations/start-ups are changing the face of global economy and how they challenge traditional financial corporations. I always enjoy a good workout at the gym as I am also a black belt Brazilian Jiu-Jitsu practitioner. You can follow me on Twitter @NikolaiKuznets.&q;,&q;allowEmail&q;:false},&q;shortUri&q;:&q;http://bit.ly/2cwKV4A&q;,&q;displayChannel&q;:&q;investing&q;,&q;contributorSince&q;:1473358140000,&q;slug&q;:&q;nikolaikuznetsov&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_2&q;,&q;enableContribContact&q;:false,&q;enableTwitterFeed&q;:false,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;NikolaiKuznets&q;,&q;name&q;:&q;Nikolai Kuznetsov&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/607593361017430016/9XuqZss-.jpg&q;,&q;description&q;:&q;financial writer &a; consultant, experience in stock market analysis and investment research. Writing for @Forbes, @TheStreet and @HuffingtonPost #fintech&q;,&q;createdDate&q;:1433696114000,&q;location&q;:&q;Tel Aviv, Israel&q;,&q;url&q;:&q;http://t.co/QcLIefdlEX&q;,&q;expandedUrl&q;:&q;http://NikolaiKnows.com&q;,&q;displayUrl&q;:&q;NikolaiKnows.com&q;,&q;verified&q;:false},&q;inactive&q;:false,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;url&q;:&q;/investing&q;,&q;shortName&q;:&q;Investing&q;},&q;allowEmail&q;:false,&q;avatar_map&q;:{}}],&q;channelSection&q;:[{&q;channelId&q;:&q;channel_1&q;},{&q;channelId&q;:&q;channel_1&q;,&q;sectionId&q;:&q;section_2&q;},{&q;channelId&q;:&q;channel_2&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_10&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_12&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_13&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_62&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_66&q;}],&q;slug&q;:&q;Nikolai Kuznetsov&q;,&q;blogType&q;:&q;individual&q;,&q;sitePage&q;:&q;forbes.com/investing/blogs/nikolaikuznetsov/index.html&q;,&q;displayChannel&q;:&q;investing&q;,&q;vestPocketList&q;:[{&q;type&q;:&q;slide&q;,&q;uri&q;:&q;https://www.forbes.com/pictures/mlj45jggj/1-detroit/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/026M72T8ElbzS/&q;,&q;title&q;:&q;The 10 Most Dangerous U.S. Cities&q;,&q;naturalId&q;:&q;blogAndSlideId/blog/slide/986-6336&q;,&q;count&q;:38648,&q;reason&q;:&q;MP-G&q;},{&q;type&q;:&q;blog&q;,&q;uri&q;:&q;https://www.forbes.com/sites/lizryan/2018/02/12/ten-things-only-lousy-managers-say-2/&q;,&q;image&q;:&q;https://specials-images.forbesimg.com/dam/imageserve/1022439613/960x0.jpg?fit=scale&q;,&q;title&q;:&q;Ten Things Only Lousy Managers Say&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/2989-32902&q;,&q;count&q;:0,&q;reason&q;:&q;FB&q;}],&q;generatedId&q;:&q;hjjg45fmd&q;,&q;manualDescription&q;:&q;OPEC is potentially extending production cuts, in an attempt to stabilize oil prices. Hurricane Harvey caused a stockpile of crude, and a lack of supply of natural gas. Traders are looking to see whether OPEC will be extending production cuts and how Harvey will affect the oil market fundamentally.&q;,&q;primaryChannelId&q;:&q;channel_2&q;,&q;vestPocketPosition&q;:6,&q;siteSlug&q;:&q;nikolaikuznetsov&q;,&q;preview&q;:false,&q;showComments&q;:true,&q;syndication&q;:{&q;yahoo&q;:{&q;sentFlag&q;:true}},&q;tickers&q;:[&q;NYSEARCA:UNG&q;,&q;NYSEARCA:XLE&q;,&q;NYSEARCA:USO&q;],&q;timestamp&q;:1505341353011,&q;statsEntities&q;:[{&q;id&q;:null,&q;name&q;:&q;Business_Finance&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Marketing&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Economy&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Business economics&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Pricing&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Petroleum politics&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Cartels&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;OPEC&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Energy crisis&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Price of oil&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Petroleum&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Natural gas prices&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Chronology of world oil market events&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Exchange Traded Funds - NEC&q;,&q;type&q;:null,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;energy stocks&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Christopher Goodney&q;,&q;type&q;:&q;Person&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Texas&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil and gas prices&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;short-term energy outlook&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;energy market&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;U.S. Energy Information Administration&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Select Sector Fund&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;United States Natural Gas Fund LP&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;crude oil&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.8},{&q;id&q;:null,&q;name&q;:&q;president&q;,&q;type&q;:&q;Position&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil refinery storage tanks&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Daniel Dicker&q;,&q;type&q;:&q;Person&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;crude oil prices&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Venezuela&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;United States&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Luke Sharrett&q;,&q;type&q;:&q;Person&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil refineries&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;sweet crude oil&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Photographer&q;,&q;type&q;:&q;Position&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;the OPEC news&q;,&q;type&q;:&q;PublishedMedium&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Gulf Coast&q;,&q;type&q;:&q;Region&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;natural gas&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;United States Oil Fund LP&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;MercBloc&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Vienna&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;crude and natural gas&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;seen crude oil prices&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil production&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Louisiana&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil markets&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Florida&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Texas City&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Energy prices&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.8},{&q;id&q;:null,&q;name&q;:&q;oil&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Iraq&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;New York&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Gabon&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Energy Select Sector&q;,&q;type&q;:&q;MarketIndex&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;West Texas&q;,&q;type&q;:&q;Region&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Libya&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;natural gas prices&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Organization of Petroleum-Exporting Countries&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.8},{&q;id&q;:null,&q;name&q;:&q;energy&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.8}],&q;showNoVestPocket&q;:false,&q;writtenByForbesStaff&q;:false,&q;templateType&q;:&q;standard&q;,&q;enableSigfile&q;:true,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;url&q;:&q;/investing&q;,&q;shortName&q;:&q;Investing&q;},&q;pages&q;:[&q;&l;p&g;Energy prices have been battered for some time now. However, we could start to see a bounce in crude oil and gas prices due to the potential fall in supply, coupled with increased demand due to &l;a href=\&q;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;OPEC’s production cuts&l;/a&g; and Hurricanes Harvey and Irma. &l;a href=\&q;https://www.tradingview.com/chart/WsnfUTZS/\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;We’ve seen crude oil prices hovering below the $50&l;/a&g;, but this could change quite soon.&l;/p&g; \n&l;p&g;Moreover, &l;a href=\&q;https://www.tradingview.com/chart/?symbol=FOREXCOM%3ANTGUSD\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;natural gas prices have been trading above $3&l;/a&g; due to the increased demand and fall in supply after Hurricane &l;a href=\&q;https://www.forbes.com/sites/judeclemente/2017/09/03/hurricane-harveys-impact-on-natural-gas-prices/#4c1af83b5230\&q; target=\&q;_self\&q;&g;Harvey hampered refineries&a;nbsp;and pipelines&l;/a&g; in Texas and Louisiana.&l;/p&g; \n&l;p&g;With crude oil and natural gas prices setting up for a potential rebound, there are some trading opportunities that have been uncovered, and some market participants might want to look to take advantage of some energy-related exchange-traded funds that have been pummeled.&l;/p&g; \n&l;div id=\&q;attachment_41522228\&q; class=\&q;wp-caption alignnone\&q;&g; \n &l;div class=\&q;article-body-image\&q;&g; \n  &l;img class=\&q;dam-image bloomberg size-large wp-image-41522228\&q; src=\&q;https://specials-images.forbesimg.com/imageserve/41522228/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q; /&g; \n &l;/div&g; \n &l;div article-image-caption=\&q;\&q;&g; \n  &l;div class=\&q;caption-container\&q; ng-class=\&q;caption_state\&q;&g; \n   &l;fbs-accordion current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Rainwater from Hurricane Harvey surrounds oil refinery storage tanks in this aerial photograph taken above Texas City, Texas, U.S., on Wednesday, Aug. 30, 2017. Unprecedented flooding from the Category 4 storm that slammed into the state&s;s coast last week, sending gasoline prices surging as oil refineries shut. Photographer: Luke Sharrett/Bloomberg&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g; \n&l;p&g; \n &l;fbs-ad position=\&q;inread\&q; progressive=\&q;\&q;&g;&l;/fbs-ad&g;&l;/p&g; \n&l;p&g;&l;b&g;OPEC Looks to Extend Production Cuts&l;/b&g;&l;/p&g; \n&l;p&g;Now, the Organization of the Petroleum Exporting Countries (OPEC) is &l;a href=\&q;https://www.bloomberg.com/news/articles/2017-09-12/opec-is-said-to-discuss-extending-oil-cuts-by-more-than-3-months\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;looking to extend its production cuts to the second half of 2018&l;/a&g;, in an attempt to boost crude oil prices. An extended production cut of three months might not seem long to many, but this is what OPEC and its allies believe it needs to do under the worst-case scenario. There have also been rumors that OPEC and its allies might even look to extend production cuts for an additional six months.&l;/p&g; \n&l;p&g;Although OPEC is set to meet at its ministerial meeting in late November, in Vienna, it may look to discuss a potential extension in a meeting prior to that. It’s still unknown how long OPEC will look to extend production cuts, but this depends on a multitude of factors, such as the supply of U.S. shale and global demand for crude oil.&l;/p&g; \n&l;div class=\&q;vestpocket\&q; vest-pocket=\&q;\&q;&g;&l;/div&g; \n&l;p&g;In &l;a href=\&q;http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR%20September%202017.pdf\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;OPEC’s recent September report&l;/a&g;, it showed that oil production fell last month. Additionally, it highlighted that demand for oil could see a rise in 2018. However, the Organization of the Petroleum Exporting Countries might not be able to reverse production cuts on, if it wants to maintain a well-balanced level of supply and demand.&l;/p&g;&q;,&q;&l;p&g;OPEC’s report also noted that crude oil output in August fell by 79K barrels a day to approximately 32.76M, which was primarily caused by the decline in production, in Gabon, Iraq, Libya and Venezuela. Additionally, OPEC also highlighted that production from countries outside of OPEC fell in August, primarily due to production disruptions in the U.S. following Hurricane Harvey. Moving on, Hurricane Irma did not damage Florida as much as many market participants anticipated, which buoyed crude oil prices, but cause a slight fall in natural gas prices.&l;/p&g; \n&l;div id=\&q;attachment_41552286\&q; class=\&q;wp-caption alignnone\&q;&g; \n &l;div class=\&q;article-body-image\&q;&g; \n  &l;img class=\&q;dam-image bloomberg size-large wp-image-41552286\&q; src=\&q;https://specials-images.forbesimg.com/imageserve/41552286/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q; /&g; \n &l;/div&g; \n &l;div article-image-caption=\&q;\&q;&g; \n  &l;div class=\&q;caption-container\&q; ng-class=\&q;caption_state\&q;&g; \n   &l;fbs-accordion current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Daniel Dicker, president of MercBloc, speaks during a Bloomberg Television interview in New York, U.S., on Monday, Sept. 11, 2017. Dicker examined the impact of Hurricanes Irma and Harvey on U.S. oil production. Photographer: Christopher Goodney/Bloomberg&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g; \n&l;p&g;&l;strong&g;Hurricane Harvey Could Change the Fundamentals of the Oil Market&l;/strong&g;&l;/p&g; \n&l;p&g;The U.S. Energy Information Administration (EIA) noted, &l;a href=\&q;https://www.eia.gov/outlooks/steo/\&q; target=\&q;_blank\&q; rel=\&q;nofollow\&q;&g;in its short-term energy outlook&l;/a&g;, that U.S. crude oil output in the Gulf Coast region is expected to fall by 70K a day, to around 1.6M barrels in August, caused by Hurricane Harvey’s devastating blow to refineries and pipelines. Over a dozen refineries along the Gulf Coast went offline, causing a rise in crude stockpiles, which pushed crude oil prices lower, and drove natural gas prices higher. The market will be focused on inventory numbers, which should give traders and investors an idea of how Hurricane Harvey impacted the energy market, fundamentally.&l;/p&g; \n&l;p&g;&l;strong&g;What Now?&l;/strong&g;&l;/p&g; \n&l;p&g;With energy prices potentially rising in the wake of the OPEC news and potential increase in demand for crude and natural gas, there are some exchange-traded funds that some market participants might want to focus on. For those who want exposure to energy stocks, the SPDR Select Sector Fund (NYSEARCA: XLE) could fit their needs. The ETF aims to provide investment results corresponding to the performance of the Energy Select Sector Index.&l;/p&g; \n&l;p&g; \n &l;fbs-ad position=\&q;inread\&q; progressive=\&q;\&q;&g;&l;/fbs-ad&g;&l;/p&g; \n&l;p&g;Market participants who wish to gain more direct exposure to crude oil might want to consider the United States Oil Fund LP (NYSEARCA: USO), which aims to track the daily price movements of West Texas Intermediate (WTI) light, sweet crude oil. Additionally, those seeking exposure to natural gas could consider the United States Natural Gas Fund LP (NYSEARCA: UNG). There’s a lot going in the oil markets, but it seems like the consensus is the same: demand is set to rise for energy, which should drive energy prices higher.&l;/p&g;&q;],&q;channelSectionMappings&q;:[{&q;id&q;:&q;channel_1&q;,&q;channelName&q;:&q;Business&q;,&q;url&q;:&q;/business&q;},{&q;id&q;:&q;channel_1section_2&q;,&q;channelName&q;:&q;Business&q;,&q;sectionName&q;:&q;Energy&q;,&q;url&q;:&q;/energy&q;},{&q;id&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;url&q;:&q;/investing&q;},{&q;id&q;:&q;channel_2section_10&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Intelligent Investing&q;,&q;url&q;:&q;/intelligent-investing&q;},{&q;id&q;:&q;channel_2section_12&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;ETFs&q;,&q;url&q;:&q;/etfs&q;},{&q;id&q;:&q;channel_2section_13&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Mutual Funds&q;,&q;url&q;:&q;/mutual-funds&q;},{&q;id&q;:&q;channel_2section_62&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Markets&q;,&q;url&q;:&q;/markets&q;},{&q;id&q;:&q;channel_2section_66&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;International&q;,&q;url&q;:&q;/international&q;}],&q;blogId&q;:&q;4663&q;,&q;disableDigest&q;:false,&q;pTagCount&q;:15,&q;hashtags&q;:[&q;MarketMoves&q;],&q;hideDescription&q;:false,&q;sponsored&q;:false,&q;doNotPaginate&q;:false,&q;editorsPick&q;:false,&q;sentimentScore&q;:-0.0966336,&q;numberOfImages&q;:2,&q;relativeVideo&q;:{&q;videoId&q;:&q;5211739009001&q;,&q;title&q;:&q;The Donald Trump Shipping Stock Boom&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},&q;relativeVideos&q;:[{&q;videoId&q;:&q;5211345862001&q;,&q;title&q;:&q;Warren Buffett Comes Around On Airlines After Calling Them A &s;Death Trap&s; For Investors&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5249886157001&q;,&q;title&q;:&q;Yahoo Slides As News Of 2013 Hack Stirs Doubts Over Verizon Deal&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5211739009001&q;,&q;title&q;:&q;The Donald Trump Shipping Stock Boom&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5209622858001&q;,&q;title&q;:&q;Deja Vu: American Apparel Files For Bankruptcy, Again&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5222174090001&q;,&q;title&q;:&q;Expiring Tax Provisions&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5216553379001&q;,&q;title&q;:&q;Federal Reserve Head Janet Yellen Hints At US Interest Rate Hike in December&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5213200742001&q;,&q;title&q;:&q;Is The 30-Year Bull Market In Bonds Over?&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5194638226001&q;,&q;title&q;:&q;Fitbit Flattened: Stock Tanks On Terrible Outlook, Disappointing Sales&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=&a;fl=&a;channel=business,investing&a;swimlane=&a;specialslot=&a;section=business:energy,investing:intelligentinvesting,investing:etfs,investing:mutualfunds,investing:markets,investing:international&a;id=blogAndPostId/blog/post/4663-290&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true}],&q;hasVideo&q;:false,&q;hasInfographic&q;:false,&q;bulletList&q;:[null,null,null],&q;trumpContent&q;:false,&q;wordCount&q;:778,&q;hashtagSetting&q;:{&q;hashtag&q;:&q;MarketMoves&q;,&q;autoplay&q;:true,&q;specialSlot&q;:&q;&q;,&q;sponsored&q;:false,&q;active&q;:true},&q;fully_loaded&q;:true}},&q;adsConfig&q;:{&q;mobile&q;:false,&q;ad_unit_path&q;:&q;/7175/fdc.forbes/article-d&q;,&q;amazonSlots&q;:[{&q;slotID&q;:&q;top&q;,&q;sizes&q;:[[728,90],[970,250]]},{&q;slotID&q;:&q;rec&q;,&q;sizes&q;:[[300,250],[300,600]]},{&q;slotID&q;:&q;recx&q;,&q;sizes&q;:[[300,250],[300,600]]},{&q;slotID&q;:&q;loge&q;,&q;sizes&q;:[[300,250],[300,600]]}],&q;positions&q;:{&q;top&q;:{&q;slot_id&q;:&q;top&q;,&q;sizes&q;:[[728,90],[970,250],[970,90],[970,66],[640,360],[1,1],&q;fluid&q;]},&q;rec&q;:{&q;slot_id&q;:&q;rec&q;,&q;sizes&q;:[[300,250],[336,280],[300,600],[1,1],&q;fluid&q;]},&q;mobile&q;:{&q;slot_id&q;:&q;mobile&q;,&q;sizes&q;:[[300,50],[320,50],[1,1]]},&q;mobilerec&q;:{&q;slot_id&q;:&q;mobilerec&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;recx&q;:{&q;slot_id&q;:&q;recx&q;,&q;sizes&q;:[[300,250],[336,280],[300,600],[1,1],&q;fluid&q;],&q;incremental&q;:true},&q;loge&q;:{&q;slot_id&q;:&q;loge&q;,&q;sizes&q;:[[336,280],[300,600],[300,250],[1,1],&q;fluid&q;]},&q;mobilex&q;:{&q;slot_id&q;:&q;mobilex&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]],&q;incremental&q;:true},&q;mob-stream&q;:{&q;slot_id&q;:&q;mob-stream&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;mob-stream2&q;:{&q;slot_id&q;:&q;mob-stream2&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;mobiletext&q;:{&q;slot_id&q;:&q;mobiletext&q;,&q;sizes&q;:[[300,250],[336,280],[1,1],&q;fluid&q;]},&q;ntv-article&q;:{&q;slot_id&q;:&q;ntv-article&q;,&q;div_id&q;:&q;brandvoice_inline&q;,&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;params&q;:{&q;strnativekey&q;:&q;3e7e0323&q;}},&q;ntv-belt&q;:{&q;slot_id&q;:&q;ntv-belt&q;,&q;params&q;:{&q;strnativekey&q;:&q;12653cf9&q;},&q;sizes&q;:[[2,3],[1,1]]},&q;ntv-rail&q;:{&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;breaks&q;:{&q;xxlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;xlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;large&q;:[[2,3],[1,1],&q;fluid&q;],&q;medium&q;:[[2,3],[1,1],&q;fluid&q;],&q;small&q;:[[2,3],[1,1],&q;fluid&q;]},&q;slot_id&q;:&q;ntv-rail&q;,&q;params&q;:{&q;strnativekey&q;:&q;4kSaBGZvyd5bZ4yDRLQWW9u8&q;}},&q;ntv-rail-2&q;:{&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;breaks&q;:{&q;xxlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;xlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;large&q;:[[2,3],[1,1],&q;fluid&q;],&q;medium&q;:[[2,3],[1,1],&q;fluid&q;],&q;small&q;:[[2,3],[1,1],&q;fluid&q;]},&q;slot_id&q;:&q;ntv-rail-2&q;,&q;params&q;:{&q;strnativekey&q;:&q;t5toAgo73taamHDf2P739tD4&q;}},&q;spon-logo&q;:{&q;slot_id&q;:&q;spon-logo&q;,&q;sizes&q;:[[120,40],[300,170],[300,100],[1,1],&q;fluid&q;]},&q;mob-logo&q;:{&q;slot_id&q;:&q;mob-logo&q;,&q;sizes&q;:[[300,50],[300,75],[1,1],&q;fluid&q;]},&q;inread&q;:{&q;slot_id&q;:&q;inread&q;,&q;progressive&q;:true,&q;sizes&q;:[[600,575],[528,297],[1,1],&q;fluid&q;]},&q;topx&q;:{&q;slot_id&q;:&q;topx&q;,&q;sizes&q;:[[728,90],[970,250],[970,90],[970,66],[640,360],[1,1],&q;fluid&q;]},&q;artbottom&q;:{&q;slot_id&q;:&q;artbottom&q;,&q;sizes&q;:[[1,1],&q;fluid&q;]}},&q;params&q;:{&q;author&q;:&q;nikolaikuznetsov&q;,&q;bbgterm&q;:false,&q;channel&q;:[&q;business&q;,&q;investing&q;],&q;displaychannel&q;:&q;investing&q;,&q;displaysection&q;:&q;&q;,&q;fl&q;:null,&q;fvid&q;:&q;&q;,&q;ht&q;:&q;MarketMoves&q;,&q;id&q;:&q;blogAndPostId/blog/post/4663-290&q;,&q;img&q;:null,&q;login&q;:false,&q;section&q;:[&q;business:energy&q;,&q;investing:intelligentinvesting&q;,&q;investing:etfs&q;,&q;investing:mutualfunds&q;,&q;investing:markets&q;,&q;investing:international&q;],&q;specialslot&q;:&q;&q;,&q;templatetype&q;:&q;standard&q;,&q;type&q;:&q;contributor&q;}},&q;hasLoginCookies&q;:false,&q;REQUEST_HEADERS&q;:{&q;user-agent&q;:&q;python-requests/2.10.0&q;}}</script></body></html>