That's the plan, burn the minor producers to the ground, and then come to an unwritten 'agreement' with the large few that survive - who will voluntarily stick to a production quota going forward OPEC++ ..imo
Cramer after being cautious and bearish during this whole massive rally threw in the towell basically yesterday saying yeah things look better now. After a world record 30% gain. The mkt made him and all the others capitulate