Oil, Stocks Soar After Trump Says He Expects Oil Production Cut; Russia/Saudis Deny
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Oil, Stocks Soar After Trump Says He Expects Oil Production Cut; Russia/Saudis Deny

Update (1125ET): Caught between a rock (not pissing off Trump), and a hard - or rather soft - place, (hoping to flood the world with millions of barrels in excess oil), moments ago Dow Jones reported that the Saudis are mulling a production cut to 9mmb/d but only if others join.

Again, this means Crown Prince MbS is only willing to go back to where the March Vienna OPEC summt was

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