The cross-winds are swirling in respect of the Oil price, as confusion reigns.
In the words of a typical economist, “on the one hand,” OPEC appear likely to renew their recent production cuts, in particular from Saudi Arabia and Russia who are desperate for higher prices, whilst “on the other hand” is the new swing producer, the United States, who are equally keen to ramp up the shale production, if for nothing more than to alleviate the debt and job-losses seen within that sector.....to continue please follow the LINK
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