Oil Spikes (Again) On Another Idiotic OPEC Headline From Venezuela by Tyler Durden Aug 8, 2016 1:52 PM Seriously!! This "VENEZUELA SEEKS OPEC, NON-OPEC PRODUCERS MTING: DEL PINO" - cause this... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/08/07/20160808_oil1.jpg And the headline enabled algos to run the stops... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/08/07/20160808_oil.jpg The squeeze appears to be running out of steam in ETF land... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/08/07/20160808_oil3.jpg The problem is - it's not working for stocks... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/08/07/20160808_oil2.jpg http://www.zerohedge.com/news/2016-08-08/oil-spikes-again-another-idiotic-opec-headline-venezuela?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29