Tuesday, August 30, 2016

"Oil Tumbles As Market Questions Whether An OPEC Production Freeze Is Even Remotely Possible?"


Front month October futures $46.53 down 0.45 after trading  up to $47.49.
From ZeroHedge:


Oil prices enjoyed a bump last week, thanks in part to a weakened dollar and some geopolitical tensions in the Persian Gulf. But a large factor in the recent rally has been the return of a possible OPEC production freeze, a subject that was last tossed around before the organization’s much-publicized, and

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