falling oil prices plus market turbulence due to r
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Posted On: 12/19/2018 10:16:03 AM
falling oil prices plus market turbulence due to rising fed interest rates-which hurts stocks-have impacted stock prices of oil co's
also due to -for political reasons- the major importers of oil from iran unexpectedly recently getting an exception or allowance to bypass trumps iran oil export restrictions plus slowing world economy(except for the usa ...)
the scuttlebutt is that falling prices should be temporary- russia especially and saudis etc need(or want when their purpose is not to shut down usa frackers) high prices and will respond accordingly-and usa frackers are waiting on higher prices-plus venezuela and some others exports has dropped considerably
opec announced 800k bopd cutback starting in january
https://www.dailyfx.com/crude-oil
also due to -for political reasons- the major importers of oil from iran unexpectedly recently getting an exception or allowance to bypass trumps iran oil export restrictions plus slowing world economy(except for the usa ...)
the scuttlebutt is that falling prices should be temporary- russia especially and saudis etc need(or want when their purpose is not to shut down usa frackers) high prices and will respond accordingly-and usa frackers are waiting on higher prices-plus venezuela and some others exports has dropped considerably
opec announced 800k bopd cutback starting in january
https://www.dailyfx.com/crude-oil
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