No we are not near the bottom
The question I would like to know is....when will this all this play out and how will it be resolved ?
Its in no ones interest to have lets say sub USD$30 brent.
Not Russia's not Opec's and not t.e shalers.
a prolonged oil price war will send em all down the drain.
If living standards drop too far in the middle east and Russia there will be blood on the streets.
Are we looking at weeks/months or years ?
Dow futures and oil, page-9
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