Seems the gas pipeline is to run from azerbaijan through greece, turkey et al, hopefully war can be averted now, however Putin is on his way to Greece, must be feeling like he is losing control. Further it seems the Norwegians are searching for oil off their coast. Given US production is finally dropping, it lagged the decline in rig count heroically, they will either be tapping their stockpiles (which recently were reported as being full, along with the threat of exporting because of it) or they will be buying on market, something tells me the latter is happening.
MRM Price at posting:
42.0¢ Sentiment: None Disclosure: Not Held
