RE:RE:Slide 6 of Presentation...LOL:
"with some months near end of year being in the $30's. That is my forecast in anticipation of Saudis reversing some of US-Shale's market share gains, ahead of their Aramco IPO in 2020/2021."
Yea that makes complete sense. Take oil down to 30 ahead of your $2 trillion IPO. Investor confidence in oil will be so strong they'll be 10x oversubscibed and lining up to buy more oil equity dumped on the market.
.....Do you hear yourself sometimes?