Liam Denning, Columnist

OPEC Talks to the Shorts

But the jawboning rings hollow, misdiagnosing the market's problem.

August 8, 2016 at 1:09 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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OPEC's just had it with you short sellers. So it's going to... meet. Don't say you weren't warned.

Oil had another little bounce on Monday after OPEC's president said oil's bear market was temporary -- NB: that's something you kind of have to say if you head OPEC -- and members would hold an informal meeting next month.