Where is oil heading to?

[Southie]

Re: Where is oil heading to?

@Captain1

After failure of OPEC talks before actual ‘output control’ meeting oil has slid down to below $43, looks like another short visit to 30s is coming up

@hanibal

Oil dipping below 35 is serious concern for States like Kuwait and Oman, Saudies are showing signs of concerns with financing two wars at same time.. and with these prices and with Iran pumping good amount of oil… somebody have to stop Iran… and I Guess Trump is the guy…

Looks like OPEC got its act together and cut production. Oil Brent around 55.

Is the Captain losing his mojo? Should investors be concerned.

We think it’s just a blip.