The big question is how long the Saudi/Russia oil war will last for. These are the 3 oil wars we have seen in the last 12 years ir so. In 2008, it was quick and dirty and over in 7 months. The second one took far longer 19 months. This current war is 17 months old and often there is a turnaround in Feb-March. We could be just a few weeks away from a production cut and serious jump. I'd give it 2 months max. The Saudis don't want to sell their precious oil for nothing for too long. I'd give em 19 months tops.
The big question is how long the Saudi/Russia oil war will last...
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