High Drama In Crude As Oil Explodes Higher On Production Cut News, While Qatar Bids OPEC Adieu

Suffice to say market participants are not waiting around on the official result from the OPEC meeting in Vienna this week to bid up crude after the worst month in a decade. As noted last week and reiterated on Sunday evening, many observers believe the outcome of the meeting was actually decided in Argentina over the weekend when Crown Prince Mohammed and Putin chatted. Clearly, the mood was jovial.   Putin of course said he and bin Salman agreed to extend their coo