Can one of our in house oil investors explain the consequences of such a move and share the calculations and graphs they made in advance for such an event unfolding to justify their original investment.
I don't know shit but if they're quitting OPEC it must be because they want to produce more than OPEC agreed to. They could always produce less, OPEC wouldn't mind. So bearish for oil, a little bit?Or am I retarded
nothingburger
>>62165059it's so over
>>62165070UAE currently needs to or rather even can export more oil?But long term definitely bearish unless this is seen as greater instability in the gulf region.
>>62165059Short term it changes nothing.
>>62165059>Since the 1980s, OPEC has had a limited impact on world oil-supply and oil-price stability, as there is frequent cheating by members on their commitments to one anotherKEKnon-white people really are a plague aren't they?
>>62165597I would like to figure out
>>62165597Yes
>>62165597>non-white people really are a plague aren't they?Says the white anglo jew who behaves like a pirate thug.
>>62165597Every OPEC meeting is exactly the fucking same>"Okay everybody, there's too much oil supply and prices are too low, we all agree to cut to raise the price of oil, right?”>"Of course!">*Everyone goes back home*>"Those dipshits fell for it hook line and sinker, now we can raise production while everyone else cuts there's">All OPEC countries raise production>Rinse and repeat forever
>>62165724White Anglo Saxon men are talking. Be quiet and listen
>>62165059are they even producing or exporting anything after the attacks from iran?
>>62165724Hello jamboy
what's with amerimutts always pretending to be "whilte" and victims?
>>62165763It's funny qaddafi tried to save these goatfuckers and instead he got kabob'dThere will only be peace in the middle east when ALL the semites are gone it seems, including the long nosed elephants in the room
ummah bros...
>>62165597Ok rabbi.
>>62165809>>62166011>By 2050, +50% of Americans will be hispanicBYE BYE BYE.
>>62165059Sounds like very bad news for US shale drillers
>>62165059that will be catastrophic to the market.
>>62165059>consequences of such a movePrice war. Emirates will dump more oil on the market and the other members of the cartel, not wanting to lose market share will follow suit.
