Did OPEC Just Spoof The Shorts?

September 28, 2016

On Wednesday, OPEC and the Russians shocked the oil market with news of a production freeze/cut they intend to impose in November. In my latest article for Seeking Alpha, I look at this deal and wonder if it is for real or if it is just another case of jawboning, perhaps a page from the U.S. Fed, to move the price higher until the November biannual meeting of the cartel.

Article: Did OPEC Just Spoof The Shorts?

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