What Happens To Oil If Doha Disappoints:
Unofficially, the freeze in the Doha meeting is already agreed upon, because the 11 OPEC nations attending the meeting are pumping 487,000 barrels per day (b/d) below the agreed January freeze limit of 29.1 b/d. In terms of agreeing to a production freeze, the Doha meeting is a success even before it starts. But it’s kind of a dull success at best.
http://finance.yahoo.com/news/happens-oil-doha-disappoints-213536907.html