Saudia Arabia vs the United Arab Emirates and oil price on fire today! who will win between those two friends and if it will be the end of OPEC? of course the biggest Winner is ->King Putin with his friends Iran!
Again war, now between two of the greatest nations, two of the greatest friend who lost so much in the past 20 months! we can fill the tension and everybody stoped to wait what is happening with world oil market! PRICE, PRICE, PRICE, PRODUCTION, PRODUCTION, PRODUCTION.
UAE with Saudia suffered so much from the big deal and cuts and right now the price is 73-76 we will see depend on what will they decide and who will crumble first - sure it will be Mohammed and the same for the winner! by now them both winning with the price of 74$ - they need only 30$ to make profit from oil so the real image they can open up the oil tap little more. BUT it is big but and his name is President Biden if he will sign an agreement with Iran they will open up the tap!
And the winner is Putin who wants to open the tap but he is like a fox waiting for these two birds will fight and he will eat them both after what MBS AND MBZ did him a year ago with the oil war-making price below 25$ and his crap in his panties!
We advise don't go into oil stock right now only transportation of oil like NGL who will transport soon a lot of oil. also, we advise going into clean energy stocks because the temperature is up we advise RUN (Sunrun inc) and as we think it will gain 20%.
Too much we don't know of what can happen but still, we will see tomorrow's oil drop, still remember the agreement with Iran can flip it all.