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  • Where the Oil Rally Goes: Facts and Speculation [View article]
    Completely agree with your analysis, Jim. The recent Saudi announcement was truky a shocker to me.

    I think the corollary of the announcement is also that if world demand drops and looks like it will take oil back toward $100, Saudi Arabia will CUT production to make sure it does not.

    Jack Yetiv
    Apr 24 17:42 pm |Rating: 0 0
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