Irrelevant OPEC came to the kitchen & couldnt take the heat

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AbdiJohnson
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Irrelevant OPEC came to the kitchen & couldnt take the heat

Post by AbdiJohnson »

http://www.marketwatch.com/story/opec-i ... 2014-12-02

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original dervish
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Re: Irrelevant OPEC came to the kitchen & couldnt take the h

Post by original dervish »

This is bullshit......The Saudi's have boosted production at the behest of the US, in order to destroy the economies of Russia/Iran, whom depend on high oil prices.
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gurey25
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Re: Irrelevant OPEC came to the kitchen & couldnt take the h

Post by gurey25 »

Its directed more towards iran than Russia because although both have long term oil contracts that the pricrs won't effect.
this is because sanctions are hitting iran harder.

The shale nonesense is another ponzi scheme due to implode any minute now.
nobody seriously takes them seriously.

and the elephant in the room is those lying sobs the saudis overstating their reserves.
they may have less than half as reported.
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