Looks like OPEC dont have the monopoly to control oil prices now? OILY 40S???
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Going smooth still
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Watch US Oil inventory figures and OPEC saudis cut deals not working still it seems.
CANADIAN OIL PUMPS to USA project in feasibility and Waiting for Approval Mode. Environmental Organizations reject this project. Obama also has rejected it. Trump Seems he wants it restarted.
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US keep posting high barrels which means higher supply to the market. Higher the supply the lower the price of oil gets. UC may be still hnaging to long biases..