Saudi Arabia, Russia, Venezuela And Qatar To Hold Oil Output Steady
Saudi Arabia, Russia, Venezuela and Qatar announced a plan today to freeze oil output in an effort to stop the dramatic slide in oil prices. It is welcome news for many OPEC countries struggling from low prices, but it is not a production cut as some had hoped, and it comes with some caveats. Jason Bellini of the Wall Street Journal talks with Here & Now‘s Lisa Mullins to explain the details.
Copyright 2021 NPR. To see more, visit https://www.npr.org.