RE:RE:RE:OPEC MEETING
It seems everyone forgot Septermber 2016, December 2016 and May 2017? Of course they need to continue to send the message that "rebalancing is at the core of their history agreement".
If they don't not send the right message, the traders will punish oil again and reshort in droves.
Look at the number of oll futures traders just waiting for the opportunity to short again. It's quite remarkable!
And the 11% shorts are reflected on this discussion board. They tend to be the ones with the weakest argument supporting the widely held notion of investors that they are the worst type of traders on the planet. The short and distort camp is shameful. They are a disgrace to the markets and humanity.