RE:Why would one short oil here?
Well this whole OPEC deal seems to be falling apart at the seams, Iraq will not comply and thinks it should be able to get back to 9 million BPD, Iran is pissed with Saudi for using Oil as a weapon and Russia says no not cutting and will wait till November, hold on to your hats Gents the Train is sooo close to derailing and losing its Engine, don't be surprised for a Sub 50 overnight unless something big turns tonight this deal is almost gone!!!!
Iraq Minister stating they should be exempt from OPEC cuts of 4.7 million, they should be producing 9 million due to ISIS wars, so that would be Nigeria, Iran Libya, anymore takers, this is getting crazy anyone else have doubts on this meeting a success!!!!