Crude Oil Traders Focused on Today IAEA Meeting

Crude hovers around $68 a barrel as traders anxiously await the outcome of the OPEC meeting today. Expectations are production will not change, putting the focus on Thursday's International Atomic Energy Agency, (IAEA), meeting, which may have an even greater impact on production. The UN's nuclear watchdog may be forced to recommend action be taken by the UN Security Council in regards to Iran's nuclear ambition.