CL Redux

i read in FT the other day that Saudi wants to increase oil output to keep prices down, doesn't want to jeopardise the global recovery (not sure where this recovery is, but anyway).
 
nobody helps recovery ..

Saudis can not say they increase quota in tonights meetings , other OPEC members will kill Saudis if they do at this 80s OIL .

The best you can expect is to keep quota same ( most likely announce cuts , and then later usual cheat of increasing quota to satisfy the countries financial budgets)

Quote from Visaria:

i read in FT the other day that Saudi wants to increase oil output to keep prices down, doesn't want to jeopardise the global recovery (not sure where this recovery is, but anyway).
 
Back
Top