They all Know what's Coming.3 Oct 2023 17:49
Even Malcy, splashing it around,
Oil weakened yesterday, it was a combination of a bit of profit taking as the quarter started and also the weak dollar had its turn in putting off buyers. Also the news about the Turkish pipeline reopening finally convinced the market that supply was increasing although only a little. The Opec meeting starts tomorrow and given that Brent is off the top I can’t see the Saudis offering to cut back this time.
Not the Time to be sitting on the sidelines, you have been warned, its going to flow!!!!!!