Reading Between the OPEC Lines: Will they Agree Today?
After weeks of often tense negotiations, OPEC ministers gathering in Vienna expressed renewed optimism about salvaging a deal to cut oil production and prop up global prices. OPEC will reach an agreement, Iranian Oil Minister Bijan Namdar Zangeneh said after a breakfast meeting with other ministers in the city on Wednesday. Iran won’t freeze production, but there is another arrangement, he said, without elaborating. Bloomberg's Stuart Wallace reports and JPMorgan Asset Management Strategist Nandini Ramakrishnan discusses with Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)