In recent years, whenever there has been a crisis in the oil market, it has worked itself out pretty rapidly, and I think chances are this one will too -- probably within 30 days.
The market is becoming very volatile. It will move upward or downward with any other news -- including weather news.
The Russians keep changing their laws. My judgment is the Russians are not going to permit in practice significant ownership of oil resources by [international] enterprises. They don't want the loss of control.
This behavior was rational, and during this period of volatility and uncertainty, was not unexpected.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.