Post by
kegman on Jun 03, 2024 1:41pm
This is like Boxing Day
JUst loaded up some more 2 $4.61. Even the biggest bears here see the value. OIl will be up $2 by WEdnesday or more after Saudi's make sure everyone knows they will not allow it to stay below $75.
Comment by
Cobalt on Jun 03, 2024 2:35pm
Say what? This is all about the decision by Saudi Arabia to reverse their oil production cuts and introduce more oil into the market starting in October.
Comment by
liljohnnyjoke on Jun 03, 2024 2:51pm
going to do away with voluntary production cuts that no member paid any heed to other than supposedly SA and Russia.? especially when newest member Brazil was given the green light to increase output by 500k bbls/day and US shale oil output at all time highs