poo needs to go down a bit further within 2wks in order to cut short US rate decision. The Fed created this shale boom to archive the lowest unemployment figure. They must maintain the interest rate otherwise the oil sector is going to collapse if the Fed chooses to rise rate in December.
The Fed. Gov. has tried to limit banks cash balances last week. It's a guarantee deposit scheme.
1. to prevent a weakness in USD
2. to reduce banks liquidity where banks use the cash to manipulate into commodities market for what's so called a bank run.
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