I hate to use this term but.......... The way the financial media spun the reason for the plunge in oil today, and probably caused it to further accelerate it imho. Saudi's reverse one third of the cuts, Saudi's producing over 10 million and on and on they went pounding these two messages. Later on during the day as oil was recovering from its lows of 47 $ reading various articles there EXPORTS had in fact decreased from January and they were very much still all in on making these cuts work. Furthermore, Iran also pledged to keep there production capped at 3.8 million for the rest of 2017 if opec extended till the end of 2017. Funny how these last two positives amount many others which are somewhere out there were deemed unimportant. Someone on stockhouse used the word SNOWJOB. Need I add API numbers encouraging.....