RE:RE:May conference callAB1Canada wrote: Sooner then that your guess of buy/sell should be on the Doha meeting this weekend. How will it effect oil spot prices before June, the next opec meeting.
Take into account Iran still building its production and Saudi is going to be on the fence. All other participants seem to be a go towards freeze. But it won't be at January rates but more likely March/April rates as they have been building production since.
jmho.
If if nothjng comes out of this weekend oil back to 36-37 mark.
gl2a
I'd like to say I told you so. Irans and Saudi have been very clear. Iran will get to 4m/bpd. Saudi not freezing without Iran.