Things are looking up !, page-21

Yeah... i agree. The way theyre holding things even at the mid 70s i too think that up to 100buck level may not be too far away..
If not this year then 2019..

The US via conoco has put the screws on venezuala oil which may come down by anothr half mill bopd.. then this iran thing should be worth minus 1mill bopd supply although it may still get sent to eu countries..
But if the supply drops as such it is the increased production from US that covers it and takes the money..
On top of that it is china with its petroyuan which gets a big dent in its supply from venezuala and iran.
So a lot of games being played out...

And i didnt even mention the direct middleeastern politicking..