What a farce…
First, Reuters reports that Saudis threatened to increase output if Iran disrupts any agreement.
Then we hear from OPEC…
- *SAUDIS DIDN’T THREATEN TO RAISE OUTPUT AT VIENNA MTG: BARKINDO
And now:
- SENIOR GULF OPEC SOURCE SAYS ALL PRODUCERS INCLUDING SAUDI AND GULF OPEC MEMBERS COULD RAISE OUTPUT IF THERE IS NO AGREEMENT
And WTI tumbles…
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