"DOHA, Qatar (AP) — Oil-rich nations at a Qatar summit failed to reach an agreement Sunday on a production freeze, saying officials needed "more time" to make the decision as Iran stayed home and vowed to keep pumping.
The hourslong meeting in Doha, the Qatari capital, resembled a failed OPEC meeting in December that saw crude oil prices tumble on the cartel's indecision. The fact that producers couldn't agree to even freezing production at near-record January figures likely means oil prices will drop again as markets open Monday."
Oh well.....
SSN Price at posting:
0.6¢ Sentiment: None Disclosure: Held
