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  • Russia Says Global Deal to Cap Oil Output Is Close

    From go.com

    Russia says it is close to an international deal with OPEC countries to cap oil production, and that a final decision will be made at a meeting this month. Saudi Arabia, Russia, Venezuela and Qatar floated an output cap last month with the aim of boosting oil prices, but it was conditional on other producers joining in. Iran has so far resisted, while Russia has agreed. Addressing top state and private sector oil executives, Russian President Vladimir Putin said Energy Minister Alexander Novak "is agreeing and practically has agreed with his partners in the global market" to cap oil output. "It's about us not ramping ... (full story)

no deal will be there, everybody planning for short term, because profit must to drip now, not late coz everybody want to live now

regarding to this mentality mankind shortly crush the Planet: day to day the profit must to be higher, yea should be, otherwise we wailing to "regression" planet is dying, no doubt and sorrowful we don't care what gonna be after 50 years

*** wicked f*cking hoggish capitalism ***
Quoting Yossuan
no deal will be there, everybody planning for short term, because profit must to drip now, not late coz everybody want to live now

regarding to this mentality mankind shortly crush the Planet: day to day the profit must to be higher, yea should be, otherwise we wailing to "regression" planet is dying, no doubt and sorrowful we don't care what gonna be after 50 years

*** wicked f*cking hoggish capitalism ***
Does not matter if its real or not. Buy the rumor works
Quoting Yossuan
regarding to this mentality mankind shortly crush the Planet...
People have been saying this hysterical nonsense since the 1960s. Humanity will die from overpopulation, pollution, nuclear war, etc. The agenda is always centralized control and the elimination of personal liberty.
Even a cap won't do much for the price. Output is at record levels.
Just talks to push the price up a little ....thats all folks !!
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  • Posted: Mar 1, 2016 12:02pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 5  /  Views: 2,212