MRM 0.00% $2.69 mma offshore limited

Let the games begin; Overnight the Saudis reiterated their...

  1. 443 Posts.
    Let the games begin; Overnight the Saudis reiterated their policy of rebalancing the oil market in 016, Brent jumped $2 and then the hedge went to work and shorted the cr.p out of the price. After the carnage practiced on world oil producers and big banks who hedged oil at $80 pb. No one trusts OPEC, the big banks are about to take revenge for their losses through the market. OPEC will have to make significant cuts, and storage will have to be greatly reduced or financial revenge will be imposed on OPEC by the worlds big banks..... cheers
 
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