Marketplace®

Daily business news and economic stories
Aug 3, 2022

What is OPEC thinking right now?

The oil cartel will boost production, but that may not temper high prices. Plus, a safety net for workers hurt by trade competition comes ends.

Download
By pledging to increase output by just 100,000 barrels a day, OPEC could be implying that it expects demand for oil to fall. Above, OPEC's headquarters in Vienna.
By pledging to increase output by just 100,000 barrels a day, OPEC could be implying that it expects demand for oil to fall. Above, OPEC's headquarters in Vienna.
Joe Klamar/AFP via Getty Images

Subscribe:

Segments From This Episode

Music from the episode

The Team

What is OPEC thinking right now?