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Oil Rebounds On Reports OPEC Will Cut Supply, Seek Stricter Compliance | Zero Hedge

Oil Rebounds On Reports OPEC Will Cut Supply, Seek Stricter Compliance | Zero Hedge.

Less than two hours after Venezuela noted that no supply cut had been pre-agreed, The Wall Street Journal reports…

  • *OPEC MEMBERS SAID TO MOVE TOWARD CUTTING OIL SUPPLY: WSJ

And oil prices are jumping. However, a big below the surface shows this story is more about stricter compliance than an actual supply cut.

As WSJ reports,

…click on the above link to read the rest of the article…

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