BLOOMBERG Bloomberg BusinessWeek October 1, 2016
Ellen it looks like opec has made a deal to cut production. It has been a lot of arguing backandforth about that for years and this is the first time they agreed to cut production in eight years. Carol it is a big deal. Ellen saudi arabia has typically not wanted to cut production and now does. Iran, which is usually the other way has almost switched positions, but they seem to be in agreement. It looks like Oil Production will go down and we have to see what happens with prices. Carol saudi arabia and iran have different views. Ellen there is a classified ad site called back page that makes a...