The connection for online was fast and strong, a point of pride for Nival, who claim that all multiplayer battles are hosted on a single server-so, no matter where you are, the connection is always the best it can be-unlike an online Call Of Duty game, where laggy connections have caused numerous people to destroy their TV, controller and, subsequently, their dignity.Why the rebound? Well, according to Goldman's in house commodity guru Damien Courvalin, the rebound in prices to $69/bbl, flat on the day, reflects several things, first that the OPEC meeting is still technically not concluded: while the press release stated the decision to hike, it specified that 'the meeting remains in session', allowing for 'immediate adjustment'. Second, according to Goldman it suggests that we have indeed approached the point of capitulation, 'as a one month 0.4 mb/d OPEC increase in production represents a $1.5/bbl decline in prices on our fundamental modeling.' And with OPEC leaning into the near-term weak sentiment but, in doing so exacerbating the long-term deficit, and with prices far overshooting fundamental risks (as Goldman also discussed in recent days), the bank believes current price levels offer compelling opportunities to reposition for the ongoing structural bull market.Īs Goldman's Courvalin further notes, while OPEC's decision to ramp-up supplies stands in the face of the group's oft reiterated caution over the past year, there are four reasons behind today's outcome. First, while not reflective of a price war, today's decision is nonetheless consistent with past decisions to add supply in a weaker demand environment.Second, it assuages tensions with the US administration that arose last month when prices reached 8-years high and led to the coordinated SPR release.

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