GREY:LSTMF - Post by User
Comment by
PeterWrighton Oct 27, 2015 11:49am
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Post# 24230571
RE:RE:RE:RE:RE:RE:RE:chantal another question
RE:RE:RE:RE:RE:RE:RE:chantal another questionOrlando I do beleive we will get higher prices. OPEC is starting to see the benefits of their strategy. US production is slowly being reduced.. OPEC won't reduce production...they will just force others too.
Everyone does need higher prices but it doesn't mean we will see it. Markets will decied....look at natural gas, nickel etc. I stll remember natural gas dropping below $10 and everyone saying it was tempoeary....years later we are at $2...
Dig in this is going to take a while to rebalance.