Market enthusiasm around the OPEC deal has vacillated significantly over the last week, alternating between optimism and pessimism. A healthy segment of investors view the current agreement with skepticism given the competing geopolitical interests of Iran and Saudi Arabia. And while that skepticism may turn out to be unwarranted; it is certainly possible that one or more of the OPEC members will cheat on any production agreement and overproduce, especially given the lack of effective monitoring mechanisms in place to control production.

Read more: http://tinyurl.com/gqeggnc