oil OPEC

Oil Erases Entire OPEC Cut Rally: “And Like That, It’s Gone”

Well goddammit I told you so. I don’t how many times I’ve said that oil will almost invariably head lower
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

2 comments on “Oil Erases Entire OPEC Cut Rally: “And Like That, It’s Gone”

  1. Nice quote on Bloomberg, that did not take long.

    “Al-Falih, in a clear message to the U.S. industry, said it would be “wishful thinking” to expect that Saudi Arabia and OPEC “will underwrite the investments of others at our own expense” through production cuts.”

  2. Curt Tyner

    How if anyone thought that any of the principles would follow through, lets see Russia not one barrel cut, Saudi Arabia small if any cut, Iran nope. Surprise. Come on this was a smoke screen dressed up like cooperation. BS, BS, BS. Trust them, NOPE.

Speak On It

Skip to toolbar