EconMatters's blog

EconMatters's picture

The irony is that it would work because Saudi Arabia would get the same amount of revenue from half the production as oil prices would double in price in two weeks, and as oil prices keep rising Saudi is again the swing producer in the oil markets.

EconMatters's picture

We discuss the Gold Trade in this video, as it is actually a part of a much bigger trade that is currently taking place across multiple asset classes in the markets.

EconMatters's picture

It appears things are coming together for an OPEC Deal in 8 days, the Oil Market is inching up, and we think it breaks out of the recent trading range next week to the upside.

EconMatters's picture

We delve into the massive incompetence that is OPEC, they are so busy fighting over production numbers, when they should be focusing on Oil Prices and overall Net Oil Revenue.