December 7, 2016 9:05 am / Published in Oil, USO

OPEC Update #OIL $USO

It turns out that only half of non-OPEC cut announced in theÂ OPEC deal is real.Â The rest of the announced cut is the natural decline in production that would have occurred anyway without any deal.Â Â Oil is falling as the smart money catches on to this analysis.

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OPEC Update #OIL $USO

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