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Will oil hit $80 this summer? : Comments
By Julieanne Geiger, published 13/5/2021Despite the group's relative success at curbing oil production to prevent excess oil inventories from ballooning before the market fully recovers, India's booming case counts have prevented oil prices from a quicker recovery.
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Posted by Alan B., Thursday, 13 May 2021 11:34:05 PM
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This would ensure that Saudi Arabia, also lifted production to limit Iran's cash flow, as they did previously! Given the implacable enmity that they share!
In the meantime, the world gets closer and closer to the commissioning of an operational Molten salt thorium reactor!
I wait for that day and the electrification of most economies. Then who will give a flying french Frankfurt, what the deleted expletive, price oil reaches or how much is left in the ground untapped and unsold!
Alan B.