RE:Where Does WTO Go - What Will OPEC Do this Weekend?retiredengexec - "The US waivers are a wild card. If I were the Sauds, and Russinas I would feel betrayed by the US." . Trump played them like a fiddle. They must be feeling like a couple of chumps, especially the Sauds. Their credibility took a lot of criticism from fellow OPEC members when they caved to Trump's request to increase production. They complied, as they wanted to hurt their arch-rival Iran as much as possible. Well, here we are, and although Iran's production is down, I'm sure the Sauds were expecting more of a toll on Iran. Since their budget deficit since 2014 has grown to $260Bn, it's unlikely they're amenable to oil drifting much lower. Prices don't need to go a lot higher, IMO, to restore stability to the market and meet their budgetary needs. The market hates the unknown, and we have a ton of that right now.