Imoprtsnt interview link. When in doubt go to the source.Let data and analytics drive your investment decisions. As I said this is a chess game. OPEC needed to cool down these $100 oil calls. While the media spins and says the sky is falling....I say go to the source
Interview today on CNBC Power lunch with Saudi Energy Minister Abdulaziz bin Salman.
https://www.cnbc.com/video/2021/07/06/saudi-energy-minister-abdulaziz-bin-salman-on-current-oil-agreement.html
Ignore the noise. There are ego's involved but they aren't stupid. They cooled the market (Happy for $73-74 oil) BTE = Free cash flow beast at these levels