Traderfirstyear - (2 of 2) 2017 Email Forecast on Global Battle Between Light Crude & Medium Heavy - How the OPEC Production Cuts would impact the Oil Market. The theme for 2020 three years later is pretty much still consistent and the same. Refiners importing heavy face margin issues should production cuts this year finally push prices significantly higher. I pretty much stick with the same forecast theme $SPY $DIA $QQQ $XLE $XOP $CVX $XOM