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I call BS on paper oil price suppressionOne is supposed to believe that the oil price has collapsed by nearly $55 from $125 in mid-year 2022, despite Falling global inventories (See Eric's charts) China reopening with Chinese traffic flows growing OPEC production still falling US shale DUC's now finished ( See XOM commentary) Rising US shale gas/oil ratios North American oil companies restraining production growth Banks not lending to E&P's (ditto insurance companies not insuring) Just plain oil price manipulation! |
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| Msg # | Subject | Author | Recs | Date Posted |
| 480584 | Re: I call BS on paper oil price suppression | johnwonnacott7 | 4 | 2/6/2023 11:11:58 AM |
| 480608 | Re: I call BS on paper oil price suppression | Pipeless_Pauper | 3 | 2/6/2023 1:00:21 PM |
