Post by
MigraineCall on Sep 05, 2023 9:46am
Saudis AND Russia extend cuts to end of Year
MBS is going to keep them 'Ouching' for a while yet.
Russia continues their 300k bpd cut.
It is becoming clear who controls the market now as shale is not going to respond.
Meantime, SU and others keep rising.
Got oil?
Comment by
matt2018 on Sep 05, 2023 9:54am
MBS showing Joe who the real BOSS is. While were at it, we should inform Joe that we will sell him all the Canadian oil he wants at WTI $CDN, which we will convert to US dollars at PAR for him so he wont have to figure out the exchange rate. And he'll say "wow man, it must be my lucky day!"
Comment by
Clemxb7 on Sep 05, 2023 10:23am
We saw this coming in July. Glad I invested accordingly!