@andersostlund it will never fall to $20-30 lol. Will us/uk ever fight for Ukraine according to the bud.memorandum? Same reason.
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@b1obyte Did you read the article? -
@andersostlund coz I did, doesn't explain the price is going up in Ukraine? A storage of an execive oil issue? -
@b1obyte Price going up in Ukraine? What are you talking about? -
@andersostlund gosh, just compare the price for a galon in, say, states and in Ukraine. That's what I'm saying. -
@b1obyte So, obviously you didn't understand anything from the article. Please google oil world market prices and read some more. -
@andersostlund I wonder,if so simple and obvious,why you can't just answer the question.Alike,I could send you back to Google with no effort -
@b1obyte Because you are talking about the price of a refined product and I am talking about Crude Oil which are two different things. - 4 more replies
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@andersostlund Unless they run out of money to pay for the storage, it's doubtful there's any massive dump of oil in the market. -
@SergeyKofanov That is the point. When they run out of money for storage their wait-and-see strategy fails and price will fall. -
@andersostlund Yes, and it will be relatively short term, will not be even long enough to take effect on gas station prices likely. -
@SergeyKofanov Gas station prices don't interest me. Russia's national budget does. A few months of oil around $30 will make difference.
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@andersostlund sound tactical analysis. For strategic view I recommend (once again) brilliant piece by@Kaletsky http://www.project-syndicate.org/commentary/oil-prices-ceiling-and-floor-by-anatole-kaletsky-2015-01 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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