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This week in OPEC

Summary:
You thought YOU had a bad week...Here US Senators telling Saudi they have to abandon it: My colleagues and I have asked Secretary Pompeo to urge Saudi Arabia to leave the antique OPEC cartel immediately and join the U.S. as a free market energy powerhouse. https://t.co/hu10JxlOkp — Sen. Lisa Murkowski (@lisamurkowski) March 26, 2020 Getting ready to roll up their member with the largest reserves in the western hemisphere pretty soon... there is going to be one less BIG place setting at the table soon there:Venezuelan President Nicolas Maduro, other top officials charged in US drug trafficking inquiry. million award for arrest of Maduro. THAT is real incentive to his military. https://t.co/BVt60RJl6U— John Fund (@johnfund) March 26, 2020 And dont forget Libya another one already

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You thought YOU had a bad week...

Here US Senators telling Saudi they have to abandon it:


Getting ready to roll up their member with the largest reserves in the western hemisphere pretty soon... there is going to be one less BIG place setting at the table soon there:

And dont forget Libya another one already reduced to stone age functionality... Let's keep up the good work!!!

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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