RE:EIA commentsOPEC will agree for a few reasons, one they are welcoming Russia into the "group" which makes them control a ton more oil and two, the OPEC report this week showed that Non-OPEC production is decreasing a lot faster than originally anticipated. If they don't start to head off the drastic fall, then price will rocket up and start the more expensive producers back up. The market will treat this as somewhat bearish (I think) but the great thing is, we will be 12 months away from significantly higher prices (spring 2017 $60+). A deal to freeze means they see a problem and if the problem persist then they will cut (OPEC minister said this last year).