Oil just spiked OPEC +
Oil just spiked OPEC +
Might have to adjust (lower output, to support prices) says Saudi official
Re: Oil just spiked OPEC +
The cartel is in total control of the oil price (a good thing) and I think they like $100/bbl.
They are in control because not a single country outside of OPEC+ is holding any production off the market.
They are in control because not a single country outside of OPEC+ is holding any production off the market.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Oil just spiked OPEC +
https://www.spa.gov.sa/viewfullstory.ph ... 53#2378353
CNBC hasn't picked up on this. This has the potential of raising crude prices and our beloved favorite names. Most are off their intraday lows
CNBC hasn't picked up on this. This has the potential of raising crude prices and our beloved favorite names. Most are off their intraday lows