Quote: (06-05-2017 02:49 PM)HighSpeed_LowDrag Wrote:
Quote: (06-05-2017 02:36 PM)Hypno Wrote:
Quote: (06-05-2017 11:21 AM)The Beast1 Wrote:
This would explosively help raise oil prices if the whole area starts going to war.
that alone is sufficient motive for all of this, although that is probably not what caused this one.
Unless war actually breaks out between the Saudis and Qataris, oil prices are probably more likely to drop, as this diplomatic conflict will cause doubts as to whether OPEC can maintain its recent oil production cuts indefinitely.
Yeah I agree. Gas prices and associated liquids (ethane - propane - butane - pentane - condensate) will be worth keeping an eye on