Did OPEC just run out of short-squeeze ammo?
On any normal day the following two headlines from OPEC would have sent oil prices soaring....
- IRAQ OIL MINISTER 'OPTIMISTIC' OPEC WILL CLINCH OUTPUT DEAL
- IRAQ OIL MINISTER SAYS DIFFERENCES NARROWING OVER OPEC OUTPUT DATA
But it appears the jawbone ammo has run dry...
(Click on image to enlarge)
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