NOT Oil, but ERL is not going up for at least 6-9 months due to supply imbalance. Unless airports, countries open up and planes start flying, its going to be a long haul. By that time, most US shale players will have bitten the dust. Its also problematic for KSA because the political and social turmoil will be even more costly for their puppet regimes. But they're a worthless banana tinpot so who cares if house of Saud is toppled.
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