It's unfortunate that Guyana's fortunes will be deferred for a while. Trump will ally with Putin to drive the Wahabs into the ground. Collateral damage.....Guyana!!
Oil prices could plunge to $25 as OPEC deal hopes die
OPEC deal seems more likely than not:
By all appearances, a deal among OPEC members appears to be dead on arrival.
Obviously, that is a wide chasm to overcome by tomorrow.
Iran's stance comes from the following conclusion by the Iranians:
"Those who profited the most from Libya, Nigeria and Iran's oil being out of the market should play the most in stabilizing the market, not to expect others to."
That points the finger squarely at Saudi Arabia.
OPEC members played a good game, over the past several months, stringing along the market with unceasing rhetoric and various impromptu meetings, ahead of Wednesday's confab.