Jabbar + 465 JN December 16, 2019 (edited) https://www.rigzone.com/news/opec_price_spike_will_be_shortlived-13-dec-2019-160570-article/ "The price spike on last Friday’s OPEC+ news will be short-lived due to continuing questions about the group’s ongoing compliance, increased supply in the marketplace and slowing demand from weaker global growth and sustainability initiatives." " . . . told Rigzone that the OPEC+ agreement’s efficacy is declining with each passing month." “With no clear exit strategy, it seems that the group’s strategy is now headline and news driven." " Apex Consulting Ltd, told Rigzone that the supply-demand fundamentals for 2020 “don’t look particularly promising from a higher oil price perspective”. Edited December 16, 2019 by Jabbar Quote Share this post Link to post Share on other sites
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