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A gruce is slang for truce thought everyone knew that?
https://www.cnbc.com/2020/04/02/coronavirus-oil-crash-will-saudi-arabias-big-oil-gamble-pay-off.html
Interesting read
I understood that the Orange Antichrist WASN'T a fan of shale?? Never know what news is true or fake these days but if true then probably because he never took a position in it.
No doubt in many minds he....through his crooked friends, that he and his family have manipulated markers to take strong positions in companies during the aftermath of the trade war. Remember how many times a deal was all done only for him to suddenly and unexpectedly tweet a huge negative going back on his statement only for markets to tank again. Few days or weeks later he did the opposite and I they went. I bet this virus was a god send to him.
Major paper and news channel investigating these rumours for couple of months now as they are the alleged private offer to secure the rights to one anti viral vaccine.
Time will tell who's telling truth, Trump or whistleblower
Of course its trump wants second term , Russia now not imcreasimg productiom as promised.
Get the feeling the landscape here will change very quick .
Yep Trump certainly making noises - but will SA and / or Russia listen
He now has issue of Shale producers falling one by one, thats all he is interested in saving, a potentially huge addition to unemployment numbers in US over coming weeks
Trump making noises that a gruce in next few days, fingers crossed .
Then just need to make a dent in that huge amount in storage
Olivia now over $25 and rising
https://oilprice.com/Latest-Energy-News/World-News/President-Trump-To-Meet-With-Oil-CEOs-To-Discuss-Saudi-Oil-Tariffs.html
Something gotta give, then its case of using all that supply up
April fool. sorry Paul. got you!
they are unable to locate the extra 2.3m barrels the have already pre-sold.
i can see oil opening in the $40s tomorrow!!