Saudis flip Joe the bird

[Mik]

https://www.msn.com/en-us/money/markets/opec-allies-move-to-slash-oil-production-eliciting-blistering-white-house-response/ar-AA12CYgB?ocid=msedgntp&cvid=1a5ac0b170ca4bf6b8fd1afbb2dc2a46

[Copper]

The move by the Organization of the Petroleum Exporting Countries and its partners prompted a blistering reaction from White House officials and reverberated almost immediately through domestic and global financial markets, threatening higher energy costs for the United States and European countries already grappling with inflation and economic instability.

When will that idiot learn?

Never, he will never learn.

Idiot

[George K]

Fear not. The well ain't dry.

[Mik]

Yet. With OPEC cutting production it might get dry before November.

[taiwan_girl]

Saw a note that came to me that the OPEC is currently under pumping their stated output, so the actual decrease in production will be about 800K- 900K barrel per day. (Not a small amount of course, but a fair difference from 2 MM barrel per day)