Will OPEC work something out?
No, not until shale dies. There is absolutely no point in kidnapping someone, driving them out to the desert, making them dig a grave and then leaving them alive.
Shale is gonna get cut up till its bankrupt. There will be no angel investors, just a bunch of scavengers buying the machinery of the dead corpses in liquidation.
>OPEC delegates say no plans to hold talks to cut output
Too many people who needs to agree for anything to happen I guess.
This is like prisoners dilemma and nobody trusts each other.