OIH Long
Updated
Oil stays relatively strong improving revenues. OPEC has a better control of their supply. Saudi's consolidation of power strengthens OPEC's power. Higher Interests rates and costs of production for the debt-laden shale producers will dampen their response to higher prices.
[Disclosure: Not an original idea. Tip was given to me by Jeff T.]
[Disclosure: Not an original idea. Tip was given to me by Jeff T.]
Note
Disclosure: Not an original idea, tip given to me by Jeff T.
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