EFTA Document EFTA01385323

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite Oil Macro: Recovery gains stronger footing Excerpted from 201$ Outlook: Cash jaws sot to open published on December 4 2017 OPEC's US light Oil Round 3> • Falling US tight oil breakevens have not ruined OPEC's game plan. So far, it has been remarkably successful in managing the difficult task of both holding on to market share gains since 2014 and also establishing a floor under prices, all while facing a ti