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Commodities Briefing - Categorized | Oil, Performance, Trading more

The Oil War Is Over And America Has Won

Posted on 29 November 2016

Two years ago, Saudi Arabia and the other OPEC nations declared an oil war with America. On November 30h OPEC will meet to admit they have lost that conflict.
At this month’s meeting OPEC will try to decide about the possibility of a global production cut or even a freeze in crude oil production in order to raise prices. The speculation about this conference is the fact that the production increase war failed and OPEC is on the verge of extinction………………………………………..Full Article: Source


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