GREY:LSTMF - Post by User
Comment by
emmitton Jun 06, 2015 7:53am
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Post# 23803356
RE:Pickens: Saudis bluffing on oil production
RE:Pickens: Saudis bluffing on oil productionThe extra production will come from Iran and Iraq not just the Saudis, Production should grow in the second half of the year. I think you will see increased demand and US declines absorb that demand next year and see prices head towards $70. Short term I think we are range bound.