News With Ed -- September 29, 2016

OPEC countries to cut oil production for first time since 2008
For the first time in eight years, OPEC is on the verge of raising oil prices by cutting production by 500,000 barrels per day. To discuss, former US Commodity Futures Trading Commission head Bart Chilton tells ‘News with Ed’ that the cut in production is “not that big of a deal” because “caps on production haven’t worked out in the past.”

1 dead, 108 injured in NJ Transit train crash 
A New Jersey Transit Corporation commuter train crashed into a terminal in Hoboken, New Jersey during rush hour, leaving one person dead, 108 people injured and causing major structural damage to the terminal. RT America’s Trinity Chavez reports from outside the Hoboken terminal where witnesses described the scene of the crash as ‘chaotic’ and ‘frightening.’