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re: More pain?
Posted on 9/29/22 at 4:01 pm to UltimaParadox
Posted on 9/29/22 at 4:01 pm to UltimaParadox
quote:
OPEC+ record of actually controlling its members is extremely low these days. They may talk cuts, but unlikely member states actually implement them
Most OPEC members are under producing. Saudi/UAE/Russia want/need $100 oil. Some sort of cut is coming even if it is just window dressing.
This is probably a buy signal for O & G stocks.
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