No crude freeze deal, what does it mean for the oil industry?

OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output. For background and analysis euronews’ reporter Natalia Marshalkovich spoke with Spencer Welch, a director with IHS Energy in London. Euronews: “Why couldn’t the oil producers reach any agreement? Could they ever have found a compromise with Iran not taking part?” Spencer…