RE: Saudis29 May 2019 10:58
We share their pain, they will fudge them with strategic reserve shite, there is no glut, us rig count dropping, current political tensions would all normally cause a rise, future demand will never drop no matter who says what - fact. If the Saudis stick to their guns( no pun intended) there will be such a shortage oil will explode above $100 pb, remember the likes of GS, JPM etc are just conning the public for there own agenda.