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Adam Montana: "That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV" 8/29/19
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Adam Montana: "That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV" 8/29/19
Adam Montana
Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation)
...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell
Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation)
...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell
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