What to Expect From This Month’s OPEC Meeting
April 07, 2016 at 13:39 PM EDT
The world’s largest oil producing nations will meet in Qatar on April 17 to determine the future of crude oil prices, but divided goals could put the commodity’s turnaround in jeopardy. Many traders seem skeptical that the cartel will come to any kind of meaningful agreement, judging by their recently reported positions in the commodity, but these dynamics can quickly change with many OPEC members under tremendous pressure to boost prices.