-
Share
1,722 Posts.
29
18/08/15
03:03
Share
A price war , like other types of wars is easy to start but very difficult to stop .
Looks to me that the strategy of flooding the market has got out of control .
At sub $50 dollar oil nobody is a winner other than energy users .
Part of me is hoping OPEC agrees to keeps the taps open to the stops in their next meeting so we get to see what happens when U.S. hedges expire .
I can't see the Saudi's having a stomach for this beyond 2016 .
-