i don't see market for WTI open at the moment. opens at 11pm? S&P 500 futures down 100pts or about 3%
i remember how oil price tanked after an opec meeting about 4/5 years ago. the thing is i could have sold as there was a leak on Bloomberg TV before the official annoucement. boy i wish i did sell.
current opec agreement lasts until end of this month i think. then the taps open. god knows how low oil price will go.
anyone think there could still be an opec agreement with russia or is it dead and buried now?