Sign in to follow this  
Followers 0
BL

Expect another Houthi attack, tanker attack or drone shoot down. It won't help, but OPEC getting desperate. They will try.

Recommended Posts

(edited)

 

Usually doesn't help to increase prices fpr long, BUT does put a floor under it.

 

.

Edited by BLA

Share this post


Link to post
Share on other sites

I'm thinking Russia says to themself "we hate shale let's drag our feet " and the rest of opec is blowing cash so interesting post (mabey?). After reading a bunch of articles about saudi spending around 30B $ on oil production boosters and the deal with the border production site gets worked out yet they scream cuts whenever they can leads me to think there between a rock and a hard place .... upgrade facilities to cover dropping production or save the cash and have the world call your bluff. Either way they'll want to have some money banked when they do run out because it might be very sudden (not soon but happen quick).I dono well see time sorts everything out.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0