RE:RE:Will be buying more in the $8's and maybe $7'sCitizen13 wrote: Just wait until next quarter , if Saudi decides to kill the market again you can get this at $ 2 . Not looking good . " USA overproduction catches oil analysts off guard " LOL. I am a nobody and knew private companies were overproducing a year ago. And yet that caught them off guard ??? Eric Nuttall is just a reactive guy . Doesnt know when a train is coming .
OPEC's control is diminishing by the minute and when they cannot move the price up the flush will happen.....again.
so basically you are saying that Saudi Arabia can't wait to give their oil for close to free??