An OPEC surprise for the oil markets
OPEC oil ministers agreed to trim overall output by more than 500,000 barrels a day over the next 40 days. The small but symbolic gesture is meant to avoid new turmoil in the markets and prop up falling prices. Javier Blass, the FT commodities correspondent, talked with The Takeaway about the meeting’s outcome and the behind the scenes negotiations between Russia and OPEC. Guest: Javier Blas, commodities correspondent with the Financial Times
The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.
Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.