[–] derram 0 points 0 points (+0|-0) ago 

https://archive.is/jJuRV :

The OPEC Oil Deal Sells Fake News for Real Money - Bloomberg View

'That kind of gain is not commensurate with the real-world effect the production cut will have on oil inventories. ', "If the current price doesn't stick, Russia and the OPEC countries simply won't make the promised cuts."

'Bloomberg News reported recently that Russia as a country made $6 billion just by talking to OPEC about cutting its oil output: News about the negotiations drove up the price. ', "There's no mechanism within OPEC, and certainly none in the case of an outsider like Russia, to punish non-compliance."

'Russia has been making money on the increasing price while growing production -- the best of both worlds thanks to some deft news manipulation and nothing else. '

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