Tuesday, December 23, 2014

Warren Mosler — OPEC leader vows not to cut oil output even if price hits $20

The Saudis never ‘cut production’ 
They just set price and let the world buy what it wants at their price. 
No one seems to know that.
The Center of the Universe
OPEC leader vows not to cut oil output even if price hits $20
Warren Mosler

2 comments:

The Just Gatekeeper said...

Holy F**ksticks batman!! This is an all out war with the rest of the world's producers. So much for $50/barrel being the bottom...

Ryan Harris said...

Market banter...