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Energy & Precious Metals - Weekly Review and Outlook

From investing.com

Oil bears have a ‘love-hate relationship’ with Abdulaziz bin Salman. They love to taunt the Saudi Energy Minister and he loves to hate them. Crude’s short-sellers, of course, find nothing personal in what they do; to them, it’s just business - like the Corleones. But it’s different with AbS. The half-brother to MbS - or Saudi Arabia’s king-in-waiting Mohammed bin Salman - internalizes his battles with the short side of the trade, and has vowed to crush those who come up against him and his beloved OPEC+ alliance. The just-ended week might have given the world a preview of another battle royale coming up between the ... (full story)

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  • Category: Fundamental Analysis