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Apr 10, 2020

Can anything stop oil prices from sliding?

OPEC and OPEC-adjacent Russia have reached a deal to cut oil production by 10 million barrels a day. State workers process the millions of unemployment claims. Have you done a puzzle lately? You’re not alone.

OPEC and Russia have reached a deal on oil production. But can that stop the downward price trend? — OPEC and Russia have reached a deal on oil production. But can that stop the downward price trend?
David McNew/Getty Images

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Segments From This Episode

Can even a deal to cut oil production increase prices amid COVID-19?
by David Brancaccio, Rose Conlon and Alex Schroeder
Justin Sullivan/Getty Images
Demand for oil is falling so quickly that even a reduction in supply will take some time to affect markets.
State workers under pressure to keep up with soaring unemployment
by Jack Stewart
Jeff Kowalsky/AFP via Getty Images
The incredible surge in claims is putting a huge amount of pressure on the public service workers processing them.
Puzzle sales are peaking during COVID-19 quarantine
by Kristin Schwab
Ina Fassbender/AFP via Getty Images
“We’re pretty much experiencing Christmastime at Easter,” one manufacturer said.

Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director