“OPEC & Putin will be on the same page!”
Another dull, listless day in oil … see my shocked face … it won’t be this way
come next week, cuz this weekend we get to be disappointed with the Trump / Xi
meeting at the G20 [no matter what they say], and OPEC + Vlad get together and
hash out their production manipulations … you know, the ones they say they
meet but don’t.
Range today in oil well below $1 [so far], as we limp to the close simply drifting
… I know it sucks, but markets get like this around important events, and the
G20 + OPEC can’t get any more important for oil, as one tackles supply, and the
other tackles demand. It’s as simple as that. Blog update Sunday … until then mi
amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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