That would be a game-changer
Oil jumps, USD/CAD drops.
This sounds dubious but headlines are king at the moment.
I’m reading through the latest WSJ story on oil, Iran and Saudi Arabia and it definitely doesn’t give the impression that Saudi Arabia and Gulf States are prepared to cut.
Saudi Arabia and Gulf states willing to cut oil output – BBG, citing WSJ (update: if non-OPEC cut too)
ByAdam Button
Dec 2, 2015