What difference is it going to make though. All I can see is Brent & WTI should come closer or WTI will be higher.
However at the moment all the production increase they were spruiking is dissipating because the drilling is not happening. I also think the break even price for shale is much higher than the current price.
Also with the current oil price, demand is increasing therefore the surplus or glut should be quickly forgotten with any adjustment by OPEC.
What difference is it going to make though. All I can see is...
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