​Oil Prices Slide After FT Report On Saudi Production, Russia Denies OPEC+ Shift – Tyler Durden

Oil Prices Slide After FT Report On Saudi Production, Russia Denies OPEC+ Shift Is there something about $70 WTI that ‘the powers that be’ are afraid of? Source: Bloomberg A month ago, Reuters reported, citing the usual anonymous sources, that OPEC+ was set to proceed with a production hike in October. That immediately sent oil prices lower, slamming WTI back below $70. A few days later, Reuters reported the exact opposite – that any October production cuts were likely to be delayed (again citing anonymous sources). A month later and overnight we see The FT join the anonymous-source-citing oil-manipulation game…  — Continue at ZeroHedge News : Read More