Citi's Ed Morse Sees Oil Topping $60

The transcript discusses the upcoming OPEC meeting and the expected agreements among key players like Saudi Arabia, Kuwait, and the UAE. It covers the implications of oil production cuts, market dynamics, and inventory changes. The forecast for oil prices suggests a potential rally, with Brent prices reaching the mid-60s by year-end. Shale production is expected to grow, impacting the market dynamics into 2018.

What factors are contributing to the expected tightness in the oil market?

What does the text suggest about the future of Brent and WTI prices?