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Re: Midday Report: Oil sinks below $68 as OPEC keeps output target unchanged

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 28 Nov 14 6:32 PM | 46 view(s)
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Msg. 16340 of 54959
(This msg. is a reply to 16339 by faul)

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this is an interesting article about how the damage is spread around when oil is cheap.

http://money.cnn.com/2014/10/30/investing/cheap-oil-prices-hurt-iran-venezuela-saudi-arabia/


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The above is a reply to the following message:
Re: Midday Report: Oil sinks below $68 as OPEC keeps output target unchanged
By: faul
in ALEA
Fri, 28 Nov 14 6:25 PM
Msg. 16339 of 54959

Seems the US media is changing the story from
hurting Russia to now seeing it as an OPEC
attack on US Shale..........which it is.


Oil-in-new-era-as-opec-refuses-to-yield-to-u-s-shale


http://www.bloomberg.com/news/2014-11-27/oil-in-new-era-as-opec-refuses-to-yield-to-u-s-shale.html


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