RE: A "FREEZE" WILL NOT BE ENOUGHThat is all just noise and has nothing to do with the fundamentals or the big picture. No, OPEC will not cut but it doesn't matter. They won't be increasing. I think you are forgetting global demand growth will be 1M+ barrels/day this year and US production will be down. Those are the fundamentals that will eventually dictate the Royce of crude. This daily chatter about the Saudis saying this and Russia doing that and a meeting here and blah blah is pure noise and doesn't mean a thing a couple weeks later, let alone determine crude price months down the road.