WTI Crude Opens At 2-Week Lows As OPEC Deal Hope Fades

Writer at ZeroHedge • Nov 28, 2016 at 3:21 AM EST

As deal hopes fade, WTI crude has slipped notably below the $46 handle and is trading at 2-week lows (down over 8% from Tuesday's highs).

As deal hopes fade (amid Saudi abandoning tomorrow's OPEC/NOPEC meeting and claiming the oil market can rebalance without a freeze/cut in supply), WTI crude has slipped notably below $46 handle and is trading at 2-week lows (down over 8% from Tuesday's highs)...