Oil Price MeltingNews from ME on page 2 with US election grabbing the headlines. Allows them to push oil price down, not on fundamentals of today but on someone's perspective of over supply in Q4. Based on what? If inflation is fading rates are lowered that keep western economies moving. No one believes anything from China unless it suits their own rationale. If there are more draws and oil goes down again later today....we just ride the moves. You can't forecast anything in this realm in an election year. The west just needs to be careful as Saudis need $80. They can whiplash this price with another cut and I am sure they have relayed that to Washington. I do not think the Saudis mind TRump although their overtures to Iran could be disrupted. Let's see if Benny cowtows to Biden this week. I am sure Donny has his ear. Just like the border agreement, he wants nothing to help the Dems in the next 100 days.