02/24/16 02:52 PM EST

McMonigle: 'Oil Production Freeze Is Melting'

In light of recent commentary from Saudi Arabia, Senior Energy Analyst Joe McMonigle at Potomac Research Group says the idea of an oil production freeze (floated by countries including Russia and Venezuela) "appears to be melting."

McMonigle: 'Oil Production Freeze Is Melting'

Click image to watch McMonigle on BNN.

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