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Friday, 11/18/2016 10:59:45 AM

Friday, November 18, 2016 10:59:45 AM

Post# of 6438
OPEC Jawbone Fail - Oil Slides Despite "Optimistic" Comment

Did OPEC just run out of short-squeeze ammo?

On any normal day the following two headlines from OPEC would have sent oil prices soaring....

IRAQ OIL MINISTER 'OPTIMISTIC' OPEC WILL CLINCH OUTPUT DEAL

IRAQ OIL MINISTER SAYS DIFFERENCES NARROWING OVER OPEC OUTPUT DATA

But it appears the jawbone ammo has run dry...

http://www.zerohedge.com/news/2016-11-18/opec-jawbone-fail-oil-slides-despite-optimistic-comment