I think you're right anti , and we could see some considerable falls for some time ,so , short volatility is the order of the day . However the stabilizer will be the pending short supply due to kick in . The risk is that the Saudi's will pump an extra 1 ml bls per day as they have threatened . The Saudi's are just as big a threat to World peace as the Iranians . In our favour The Saudi's are still paying the top contract money to MRM , and contracts are increasing . So who's the naughty boy then ?? What a mess , just like herding cats !!
MRM Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held