Don’t worry about oil price. Novak and Al-Falih have to look like they are thinking about an escape plan for the production cut deal so they trick Trump into maximum sanctions on Venezuela and Iran. No chance production cuts will ease back until 5% Aramco is floated for 20x MC of Apple the biggest company in history, you think the Sauds know what they are doing or what?
Novak and Al-Falih will sort it out well before their primary concern kicks off June 14:
Oil market doesn’t have enough oil, that’s why the Russians are Sauds are talking about it! They can talk all they like, they aren’t going to do anything except talk and play football!!
