Deal or No Deal, the OPEC Decision Matters for Oil Prices

Whether or not OPEC agrees to cut production, prices are likely to move over the short-term, according to one analyst. "In the short-term, no deal is absolutely bearish for prices on brent and West Texas Intermediate," said Darrell Cronk, president of Wells Fargo Investment Institute. "If you get a cut between 500,000 and 700,000 barrels per day, I think that's neutral to positive; anything north of 700,000 is positive for oil prices and pushes them higher in a bullish scheme." TheStreet's Scott Gamm reports from Wall Street.