US, Iran need to join oil freeze

A PRODUCTION freeze agreed to between two of the world's largest oil producers to keep production at January levels is an empty gesture that will cause a small short-term spike oil price spike but will have no meaningful impact unless the US and Iran are included, according to Douglas Westwood.

US, Iran need to join oil freeze US, Iran need to join oil freeze US, Iran need to join oil freeze US, Iran need to join oil freeze US, Iran need to join oil freeze

Saudi Arabia and Russia agreed to freeze production on February 16 in the first coordinated effort to stabilise prices for 15 years, a move that had been heavily anticipated in recent weeks, however

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