FAST FIVE: The Ultimate Tool To Prop Up Oil Prices
High prices are associated with low price volatility and low prices with high volatility.
I note first that the Hess share price has declined twenty-one percent from its peak in August 2014.
Investors are just not attracted to oil.
Such efforts are almost always counterproductive unless accompanied by other actions.
Alternatively, Saudi Arabia could have acquired oil on the Dubai spot market.