RE: OPEC +18 Jul 2021 10:14
What I cant get my head around is that the impasse caused oil price to decline due to uncertainty and any decision which brings more oil on the market will do the same. I reckon oil could go to 70 this week or less.... Which will not be helpful. Could someone explain the dynamic. One minute the world is talking 100 dollar oil and we fall because of a spat and then will fall again