Rather covered by Nothingdoc's post/point in 501706.

AND EXPLAINS why MSM were kept out of the meeting. No doubt Saudis had to spell out what they intended to do in order to get compliance of Africans & satisfy U.A.E.'s legitimate demands ( it is a no brainer for Russia) which is key to MBS getting control & leaving UNCERTAINTY in the market with THE one million bopd plus or minus & MORE if needs be either way by Saudis.

Over next few months we are going to find out whether there is a FUNDAMENTAL reality to economic activity or whether an ALTERNATIVE reality is being manipulated by powerful forces.

We are in the midst, and so close up we cannot see it, of major societal change.