Jul 10, 2023

Oil, oil and more oil

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In Cuba, gas shortages leave the country leaning on private Russian firms who may give some short-term relief. Meanwhile, OPEC's efforts to drive up gas prices have been thwarted by higher-than-expected oil production in the U.S..

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Why the U.S. is a spoiler for OPEC's plan to raise oil prices

by Lily Jamali

Jul 10, 2023

OPEC is trying to cut production among its members in a bid to push up the price of oil, but it hasn't gone according to plan.

One reason oil prices are down is because production in the U.S. has been strong.

Mario Tama/Getty Images

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David Brancaccio Host

Leanna Byrne Host, BBC

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