The oil markets are still a bit bumpy as OPEC and Russia try to fit Iran in to the new order . Most of OPEC are locked out of the debt market , and some are doing deals of oil for loans with CHINA . Some oil deals as low as $17 pb. The SAUDI'S still think that market share is more important than going bankrupt . The Russians need to bang their collective OPEC heads together . But everyone knows that US shale will be back when the price rises . Interesting times.....
MRM Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held