https://www.nytimes.com/2018/12/03/world/middleeast/qatar-withdraw-opec.html will this affect oil pries to go down ?
Well said. I would remind of the niggling point that relations and cooperations in the Middle East appear to be always tenuous. Remember the good old days of a happy and carefree Middle East? Yeah, me neither.
A bigger question should probably be ... how soon until U.S. Shale Oil production starts declining due to lower WTI prices. Should already be in progress, near as I can deduce. I'm just waiting for the news to start reporting the production decline.
Also, sub - $50 WTI shou