The OPEC Secretary General indicates the oil producing nations can reach some kind of deal to cut production. Oil has been all over the place in the past week or so, depending on each bit of news from the oil producing nations of OPEC.
Brent crude has rallied as much as 6% this morning. OPEC is meeting today in Vienna, Austria. Former Goldman Sachs Banker Steven Mnuchin is President-elect Donald Trump’s choice for Treasury Secretary.
