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OPEC Plus and the Beginning of the End of the Oil Madness

By Topwar

Bargaining is not appropriate here?

Recently, one of the stock traders, in fact an ordinary speculator, complained that due to the OPEC+ agreements it has become completely impossible to earn decent money on oil. What can you do if oil prices have not grown and have not fallen much for several years now.

It can be considered that there have been no serious changes in the oil market almost since the pandemic, which is a big difference from the gas market. The latter, refuting all the maxims that oil and gas are almost Siamese twins, was shaking so much that neither American LNG nor promises of the “damned” pipeline from Qatar could save it.

The Gaza Strip is already paying for this pipeline, as is Israel itself, Syria has already been shaken up completely, and Iran and Iraq will probably have a hard time too. To be completely precise, oil, or rather its prices, have been of little concern to anyone since the price war between Saudi Arabia and Russia.

Read Full Article Here…(en.topwar.ru)


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