| Oil's recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are two different things, but talk that the cartel would discuss its options sparked a rally in oil prices Monday.
"All of a sudden, the price narrative was divergent from the OPEC message. They see the wisdom of changing the rhetoric … It's no surprise they'd go back to the playbook that worked successfully," said RBC's head of commodity strategy Helima Croft...............................................Full Article: Source
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