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Senior Contributor

Oil spike?

Any clue as to why oil shot up over bucks today?  DJ climbing too?

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2 Replies
Advisor

Re: Oil spike?

http://www.businessinsider.com/opec-deal-might-not-be-a-game-changer-for-saudi-arabia-2016-11

 

OPEC deal. I'm skeptical of these things- probably just more information management.

 

But a good reason why I don't play in that sandbox.

Veteran Advisor

Re: Oil spike?

i was told that opec announced cuts in production