GREY:WFREF - Post by User
Comment by
johnathamiltonon Dec 08, 2014 12:47pm
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Post# 23206557
RE:RE:RE:RE:RE:RE:The Absolute Lack of Fundamental Legs
RE:RE:RE:RE:RE:RE:The Absolute Lack of Fundamental Legs
I read in another article (sorry I can't remember the reference) that the Saudi's were looking for N.A. to cut oil production by 500,000 BPD in order to help relieve the oversupply. If N.A. cut by 500,000 then OPEC would cut by 1.5M BPD.