OPEC and non-OPEC meet unlikely to happen as Iran yet to commit to output freeze

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Reports are doing the rounds that a much anticipated meeting between OPEC and non-OPEC producers may not happen as Iran is yet to commit to production freeze.

    The meeting is scheduled to be held on March 20th. Markets are expecting major producers to reach a production freeze accord; however, if the news reports are to be believed Iran’s reluctance could pour cold water over the optimism.
    For more information, read our latest forex news.

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