![Reuters Is Going To Drive Up Oil Prices Today Dammit, Even If It Kills Them](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2017/02/breakeven.png?fit=577%2C459&ssl=1)
Reuters Is Going To Drive Up Oil Prices Today Dammit, Even If It Kills Them
Reuters is going to drive up oil prices today goddammit, even if they have to publish 18 stories to do it.
"Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year," Rania El Gamal and Alex Lawler wrote on Tuesday morning, citing "five sources from OPEC countries and the oil industry." Apparently, $60 is "the level [Saudi Arabia] and its Gulf allies believe would encourage investment in new fields but not lead to a jump in U.S. shale output."
Several hours after that ra