Jabbar + 465 JN October 29, 2019 (edited) If no Mideast conflict with peace across the region where would oil be priced ? Edited October 29, 2019 by Jabbar Quote Share this post Link to post Share on other sites
El Nikko + 2,145 nb October 29, 2019 Surely it would be the same due to shale production over the last few years? 1 Quote Share this post Link to post Share on other sites
Boat + 1,323 RG October 29, 2019 Let’s say Venezuela, Lybia, Syria, Iran, Iraq, Yemen, Nigeria etc all were geopolitical peaceful. Russia and the Saudi would have to cut production massively to keep oil prices up. Or everybody produce at $30 oil till loss of revenue culls the production herd so to speak. 3 Quote Share this post Link to post Share on other sites
butasha + 123 BR October 29, 2019 Mideast peace. Honest politician, unicorns etc. etc. 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP October 29, 2019 Less geopolitical conflicts = cheaper oil Quote Share this post Link to post Share on other sites