Harsh vardhan singh + 36 March 21, 2018 So, can we see stable oil Market in coming months or it is just the calm before the storm? 1 Quote Share this post Link to post Share on other sites
CMOP + 227 March 21, 2018 2 hours ago, Harsh vardhan singh said: So, can we see stable oil Market in coming months or it is just the calm before the storm? Calm before the storm. They got their eyes on US Shale production. 1 1 Quote Share this post Link to post Share on other sites
UKOilTrader + 8 CN March 21, 2018 Not many would have predicted such a quick return to $70 oil, I was expecting it to go closer to $55. The Saudi/Iran and the USA/Iran subjects have thrown a spanner in the works with regards to futures. Where it goes from here is anyone's guess, hopefully US shale doesn't ramp up and drive price down but with the decline rates worsening from producing wells hopefully they make the same mistakes of the past. $70 oil is good for everyone, but the fear that this could drop to $40 again is worrying if over supply becomes an issue again. 1 2 Quote Share this post Link to post Share on other sites
Most Active Members
Recently Online
Popular Members