Quotation: "Oil Spikes As U.S. Production Slips Further, Kuwait Strike Ends"

Published in Investor's Business Daily

Novak called Saudi Arabia’s insistence that Iran join in a freeze “unreasonable” and said that he thought a deal in Doha was assured.

But Omar Al-Ubaydli, an affiliated senior research fellow at George Mason University’s Mercatus Center, told IBD earlier that Russia was already “basically producing at capacity.”