of oil and stability. Personally, there is zero chance I'd invest in Aramco, due to geopolitical risks. The Saudi Prince is trying to be progressive on his source of GDP, we'll see if they can manage it. They are very used to foreign workers and not having to work for themselves.

In the medium term, the US short duration shale plays will put a cap on oil baring major war or outtage. That is why I think the price will bounce between $45 and $65 US.