RE: RE: RE: RE: RE: RE: Will this move Oil price?
Ochaye... I'm with you. Since we don't really know how and why things get manipulated the way they do, it is difficult to say. You want to stop speeding - empower the cop to use deadly force at his discretion on the side of the highway - little excessive ? How bad did you want to stop speeding ?!?!? I GUARANTEE YOU WILL STOP IT !!!!
How bad does OPEC want price of oil increased ? Net net they want their gross income to increase and that is probably where they fear severe cuts may not work. TURN OFF THE TAPS and see what happens. Shortlived they will lose some money. But will others step in like Russia to fill the gap thereby negating the cut ?
It seems to be a huge game of "Texas Hold 'em" and no one has called "all in" yet.