Quote:
Originally Posted by ExiledFlamesFan
This is not my hypothesis, and this is not based on the market. This is based on history and the actions of Saudi Arabia. The market reaction is just that, a reaction.
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Sure but you're basing your long term projection on an entirely short term reaction. Sure, it could be the long term that happens, or it could be that prices stabilize around here, and producers adjust. That would likely see prices rise from here again.