OPEC Should Cut Without Russia, Discuss Later: Loacker

The transcript discusses the uncertainty surrounding an OPEC and non-OPEC production agreement. It explores the potential for market self-correction by 2017, the impact of no agreement on oil prices, and the influence of US shale oil production. Additionally, it considers Russia's role in the OPEC talks and the possibility of a production freeze.

What is the significance of the rig count in relation to oil prices?

What are the expectations regarding Russia's participation in the production cut discussions?