WSJ
Posted: Wed Mar 30, 2016 7:36 am
Well, the lead article in today's WSJ says that the price of oil, now down almost 8% from its recent high, is due to Kuwait's announcement that a now-closed 300,000 barrel per day field should shortly re-open. They further wonder what that will do the speculative freeze, which traders expect to emerge from the April producer's meeting. I wonder too.