Trump ‘Played OPEC Like A Fiddle’: One Bank Throws In Towel As Oil Plunges Anew
Well, TD's commodities strategists have seen enough out of crude.
Headed into October, it looked like oil might have a date with triple digits thanks to a confluence of factors, not the least of which was the prospect of lost Iranian barrels.
Since pulling the U.S. out of the Iran nuclear deal, the Trump administration continually insisted that allies would be expected to cut their imports of Iranian crude to zero by November or risk running afoul of U.S. sanctions. That hardline stance embedd