Adrian Hernandez + 7 March 7, 2020 https://www.bloomberg.com/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war Oil could be headed a lot lower in the short term. 1 Quote Share this post Link to post Share on other sites
0R0 + 6,251 March 7, 2020 I think this is good in the long term as Russia and Saudi will be chopping each other up in their competitive markets. That will not last long and is already in the prices for Brent and thus for WTI. It will force Russia to reconsider its resistance to cuts. Good time to fill up your SPRs. 1 Quote Share this post Link to post Share on other sites
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