Just read up on this, any of you think this will gain more traction now that OPEC will cut down production of barrels by 800k a day in January? I know Trump has gone on record (Twitter lol) about the market being artificially high. https://www.cnbc.com/2018/12/04/us-...rclays-cohen-says.html?recirc=taboolainternal The risk of U.S. legal action against OPEC could prompt more members of the influential oil cartel to sever ties with the group, according to the head of energy markets research at Barclays. Washington is reportedly considering legal claims against OPEC for allegedly manipulating the energy market. If passed, the proposed No Oil Producing and Exporting Cartels Act — more commonly referred to as NOPEC — could revoke the sovereign immunity that has long shielded members of the Middle East-dominated group from U.S. legal action. Oil prices surge more than 4% as OPEC reaches deal to cut output OPEC producers agreed to cut output by 800,000 barrels a day beginning in January, according to Iranian Energy Minister Bijan Zangeneh. Non-OPEC producers were proposing a 400,000 barrels a day cut, sources told Dow Jones.