Oil prices down in a flash as conjecture continues 25 May
I warned yesterday and again this morning to beware getting sucked in on the latest rally and now we're seeing the sharp reversal I suggested.
Iran now out with a comment that says no deeper cut proposals on the table despite others claiming they were
I repeat. What a circus.
WTI down to $50.17 but now spiked back to $51.12. Brent $53.70 after a fall to $52.82
Hold onto your hats oil traders. The ride is going to be a bumpy one.
Update 09.04 GMT : The formal talks are now underway.
WTI 15m
