Another day, another set of headlines about who’s on first – and indeed, who’s even a player – in the latest iteration of a potential OPEC (Organization of the Petroleum Exporting Countries) production freeze on crude. While the United States basked in an end-of-summer break, folks around the world appeared busily chatting – about an upcoming chat – in Algiers at the end of the month. OPEC leaders have recently signaled an intent to hold an informal meeting there to discuss a crude production freeze designed to stabilize oil prices. As such, the meetings before the meeting have commenced. This could be a good sign. The days leading up to this informal meeting appear to be moving along better than the ill-fated June attempt to reconcile a production freeze. At the very least, the players this time are communicating with one another. The headlines can be dizzying. During the […]