RE:Have Not Been This Low Since Sept 30They uave abount $100M govt supports and fraud liabilities they need to save the cash for that.
Oil traders shrunk by 90% several months ago whe they lost the 90% leverage. Its only a few players now who have tthe cash plus the Russians who set up multiple offshore companies in emerates and asis takimg over all the busines from new reich.
Consequently votality is off the charts. Word is usimg way more oil than being produced not incl armed conflict and elevated military ops by new reich supporters that consume massive amount of oil.
Too bad Canada oil selling cheaper than russian price cap no one pays attention to.