The question is how OPEC will respond. So far, energy producing nations and companies haven't scaled back product even though it's pretty clear there's an over supply of oil on the world market. Experts who follow OPEC and the oil market closely are evenly split over in their bets on whether OPEC will vote to cut product. It will almost certainly come down to Saudi Arabia, which has refused to scale back production because it wants to squeeze its regional nemesis Iran, which is reeling from sanctions over its nuclear program. Related: These countries are getting killed by cheap oil All of this geopolitics makes it a ... (full story)