Saudis and Putin crawling in bed together. This should last all of a.... hmmmm(?)...... 1/2 week? Good short. http://www.investing.com/news/commo...on-reports-of-saudi-russia-cooperation-424233
IMHO the Short targets have been met (Both long & medium terms) Currently we're bullish, target 50$. Thx for providing liquidity =P
+1 There is nothing to freeze. They are producing as much oil as they can drill to make up for the lower prices.
Russia's oil production has reached a peak for 25 years — 11 million barrels. This is bad news for DRIP XLE IEZ. What do you think?