BLOOMBERG Best Of Bloomberg Markets Middle East November 25, 2017
Over exuberance . We hear from one Senior Analyst who thinks alarm bells should be ringing. The oil market year it for the much anticipated opec meeting, which takes place november 30. Saudi arabias Energy Minister has told bloomberg the cartel and its allies should announce an extension of their output curves when they gather. Russia has not sounded quite as convinced. We have more with our guests and our reporter. I have a chart that i think encapsulates what we have seen in the oil market. This is hedge fund short positions and brent. The red line is the short position just beginning to pic...