InvestorsHub Logo
Followers 44
Posts 4509
Boards Moderated 0
Alias Born 03/25/2015

Re: None

Wednesday, 04/13/2016 8:44:12 AM

Wednesday, April 13, 2016 8:44:12 AM

Post# of 6438
Snagged some 114's in case we trade on fundamentals, otherwise holding through the OPEC circle jerk

Russian oil production is set for a decline sequentially from Q1 due to lack of investment and accelerating field decline rates, meaning that in their view, any cuts would have to come from the Saudi's, and based on comments this morning this seems like a very remote possibility