Brent oil was clubbed lower to $46.41. Henry Hub is still warm:
The OPEC freeze has now reached its inevitable denoument, from Bloomie:
As producing countries gather in Algiers for talks on Wednesday, Saudi Arabia signaled for the first time it may accept the idea that Iran keep output at maximum levels but doesn’t expect an accord to be reached this week. A deal in November is possible, Saudi Oil Minister Khalid Al-Falih said in a briefing in the Algerian capital.