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<blockquote data-quote="pellow" data-source="post: 6805015" data-attributes="member: 171"><p>I think the old scamps that Russians are, have a policy of agreeing cuts with OPEC then don't cut, or even increase volume into the cut, I'd be extremely surprised if Russia cut output</p><p></p><p>There will be a lot of pips squeaking in oil producing countries treasuries if low prices hang around to long, looks probable oil will go a fair bit lower, got to decide whether to fill up with red now in case they withdraw all red in the budget or wait for oil prices to drift lower</p></blockquote><p></p>
[QUOTE="pellow, post: 6805015, member: 171"] I think the old scamps that Russians are, have a policy of agreeing cuts with OPEC then don't cut, or even increase volume into the cut, I'd be extremely surprised if Russia cut output There will be a lot of pips squeaking in oil producing countries treasuries if low prices hang around to long, looks probable oil will go a fair bit lower, got to decide whether to fill up with red now in case they withdraw all red in the budget or wait for oil prices to drift lower [/QUOTE]
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