MARKETS

Slugcatcher places bet on OPEC cut

OIL as a sport is a novel concept but as <i>Slugcatcher</i> was digesting the latest reports about the likely outcome of Wednesday’s OPEC meeting he couldn’t avoid seeing it as a boxing match with supply in the blue corner, demand in the red and bankers taking bets on the side.

Slugcatcher
Slugcatcher places bet on OPEC cut

What's attracting the money of investors - let's be honest and call them speculators - is the simplicity of the contest.   Either a deal will be reached by members of the Organisation of Petroleum...

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