“While oil prices have seen some increases today’s article cites a report finding that U.S. crude inventories reached an 86-year record last week at 504.1 million barrels, the “highest since records dating to 1930”. So what are the prospects for a production freeze by OPEC countries? That appears to be in the hands of Iran and Iraq. What are the official statements coming out of these two countries whose cooperation is a must for any deal? CLICK HERE to read more.