WTI Crude Opens At 2-Week Lows As OPEC Deal Hope Fades

As deal hopes fade (amid Saudi abandoning tomorrow’s OPEC/NOPEC meeting and claiming the oil market can rebalance without a freeze/cut in supply), WTI crude has slipped notably below $46 handle and is trading at 2-week lows (down over 8% from Tuesday’s highs)…

This post was published at Zero Hedge on Nov 27, 2016.

Comments are closed.