ENERGY WATCH

WTI $65.89— noon Monday

From Ernie Barsamian - The Tank Tiger

Sometimes the intentions of OPEC+, like those of King Kong, the Gorn and the Horta, are completely misunderstood. On Sunday, both of the opposing threats, skyrocketing oil prices and defections leading to an all out price war, came off the table as the UAE was awarded a baseline increase on production. Nodding that harmony is good, the rest of the gang concurre…