BofA’s Blanch Sees ‘Long and Shallow’ Oil Price War

Good morning. Let's start with Opec+, because I think that's been the main event for the crude market over the last several months. What's policy now and what's the strategy behind it.So you can make the case that Opec+ is trying three three things at once, rates trying to increase market share. I think it's more of a Saudi thing. You could argue there is a discipline element to what Saudi's doing because it's really driven by Saudi Arabia and the surfeit of it is is well, why now.Clearly, lower oil prices ...