OPEC are cutting production by 2.5mbd whilst demand is forecast to rise 2mbd seems strange that oil has dropped this week even allowing for peace talks in the middle east
The question is have they throw in the kitchen sink already in the last RNS and we will get a positive one tomorrow or will it be more of the same,hope not
Not forgetting three US servicemen killed and 34 injuryed in an attack on the Syrian/Jordan border.JOE said he would respond at his time of choosing.Believed to be the work of Iran proxies
Ive noticed some big buys over the last fortnight as well but volume has definately tail off the last few days and the drip feed of small sells has caused imo for the sp to drop