This is also the weakest time of the your for oil! and next meeting for OPEC other than Sept 26 - 28 is November 30th 2016
That 2 months apart! Maybe a price crash will motivate them for a production decline. If know agreement happens Sept 28th. Why would they agree it would help US and Saudi more if they did. News flash they are all at war in Syria!
It bounced of the 0.5 Fib made a lower high and should turn down to 0.618 to .0764. I hope!! :-)
That 2 months apart! Maybe a price crash will motivate them for a production decline. If know agreement happens Sept 28th. Why would they agree it would help US and Saudi more if they did. News flash they are all at war in Syria!
It bounced of the 0.5 Fib made a lower high and should turn down to 0.618 to .0764. I hope!! :-)