Under the surface

Things are deteriorating rapidly.
None of the big players can afford to have oil at these levels.
Let alone the smaller players.
The damage being done is enormous and if they let it go beyond the point of no return, there will be hell to pay.
Everyone from OPEC, to the Russians, to the US shale companies are hanging on by their proverbial finger nails.
The political pressure must be intolerable.
War or another Arab spring could happen at any time if oil doesn't start to rally.

Which tells me it will rally and rally strongly.
They need oil at $80 to $90 minimum.
The powers that be will have to manufacture something to get oil back somewhere near these levels.
The consequences are simply too dire otherwise.
Great for FAR if oil does rally strongly.
Timing would be perfect.

Putin is a master poker player but even he will have to blink.

http://www.brisbanetimes.com.au/bus...s-a-2467-billion-bailout-20151229-glwkd4.html