Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (51913)	11/16/2018 2:04:36 PM
From: Goose94	Read Replies (1) of 202737

Crude Oil: A senior Russian official told Reuters that Russia was not keen on reducing output, despite reports that OPEC+ is considering such an option. “I think (oil) production should not be lowered. Yes, we have done this in the past but this was not the right systematic approach,” a senior Russian government source said. Russian President Vladimir Putin was more careful and non-committal in recent comments, saying only that Russia will continue to cooperate with OPEC. The Trump administration deserves a lot of blame for the recent plunge in oil prices, according to Citibank. The waivers on Iran sanctions, U.S. shale growth, Trump’s tweets about OPEC, and the trade war with China have all contributed to a declining oil price. “The oversupply in the market is a made-in-America phenomenon,” Citi’s Ed Morse told Bloomberg. “It’s the unexpected consequences of American policy and the unintended impact of technological changes that made this historically unprecedented arena for production growth blossom.”

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next