The Arabs are trying to break the USA and other producers by lowering prices, the Arabs derive their revenue from solely OIL and DATES. Western world will enjoy lower prices for oil, plus west has other revenue streams. I say let Arabs sell their oil, use it up and then they can go back to their old ways of camel herding and their religious fighting and breeding. Then oil prices will rise, and we will be complaining again about high petrol prices, you can't have it both ways!
i am holding ORIGIN and sure it's got some pain, but I am thinking long term, the western producers will be fine...... Long term snap them up while they are cheap.
IMHO , and Always do your own research.
CONFUSED
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