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| It will be interesting to see what Putin does but I think he will just hedge more oil into this Trump oil cut tweet rally as it will take 4 months to put maximum pain on the U. S. Drillers and financial situation. He has the advantage of knowing what he intends to do beforehand while the U. S. Market can only make guess estimates and fearfull hope. He can hedge every rally and ride the market down padding his pockets while pushing shale drillers out. Or he could have been fully hedged at the time he started this price war so he is feeling no pain, only gratification as he sees U.S. markets fall apart.
Edited by tex 4/3/2020 10:27
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Will Putin and Saudi hedge more oil today or cave in
