Jim Cramer on Oil: Freezing at Current Levels Doesn't Mean Anything

An OPEC production freeze won't accomplish much, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer.
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An OPEC production freeze won't accomplish much, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer. He said it's unclear if Iraq can cut production and that Saudi Arabia needs to talk up oil prices because of its big deficit. OPEC is holding a meeting in Vienna this week. A decision on a deal is expected on Wednesday.