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2 months agoThe article is quite insightful, however I would love to have more meat on the analysis on what’s the exact time frame we have for the negotiation here. Oil supply logistic can’t be switch on and off completely overnight, so that actual deadline for negotiation can be like weeks, months or days away depend on reserves, transportation and production ramp up etc.
They can still pumping out that oil from the strategic reserve to depressing the price. Would be funny to see those caves become completely useless after this crisis when they start scraping the bottom