The World’s Biggest Oil Deal Can’t Save Crude Prices

G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-producing countries into a global production cut.  Sentiment around the odds of a massive production cut deal have seemingly gyrated just as much as oil prices. Last week, President Trump’s tweet was met with euphoria by oil traders but skepticism by analysts. A day later, the odds seemed to improve dramatically and OPEC+ agreed to hold a meeting on Monday after Russia voiced some…