OPEC: Why You Should Ignore The Production Cut Hype!

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Crude Oil prices received a much needed bump overnight as OPEC appears to have finally agreed that cuts are needed to stabilise global prices. However, despite the Saudi Arabian led decision to cap output to 32.5 million barrels per day the agreement appears to be nothing but a façade as[​IMG]

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