Oil Fades After Iraq, Iran And Nigeria Oil Ministers All Decide To Skip OPEC Doha Meeting
by Tyler Durden
ZeroHedge.com
Nov 16, 2016
In yet another sign that behind the frequently blasted OPEC headlines meant to suggest a sense of OPEC unity yet which do nothing more than incite a short squeeze (as even Morgan Stanley has now admitted), there is far less cohesion, moments ago we learned that Nigeria’s Oil minister Emmanuel Kachikwu is the latest to skip this week’s Doha meeting scheduled for November 17 and 18. He joins the oil minister of both Iran and Iraq who will likewise skip the meeting. Oil is not happy.
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