To pause or not pause oil production? What will OPEC do?

Dec 2, 2021

To pause or not pause oil production? What will OPEC do?

Oil prices have been up and down in recent days amid uncertainty around what the omicron variant will mean for demand. FEDERICO PARRA/AFP via Getty Images

From the BBC World Service: There are several options on the table for the OPEC oil-producing countries and their allies in order to help lower prices, but the omicron variant has added further uncertainty around global demand trends. Plus, why the Asian ride-hailing giant Grab is making its debut on the Nasdaq. And, Turkey's President Erdogan abruptly replaced the country's finance minister.

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

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Jesson Duller Media Producer

Latest Episodes From Our Shows

4:16 PM PDT

27:58

2:14 PM PDT

11:57

1:50 PM PDT

1:05

8:10 AM PDT

7:23

Apr 25, 2024

8:23

Apr 23, 2024

28:20

Apr 18, 2024

41:35

The TikTok ban is poised to make the U.S.-China divide even starker

The TikTok ban is poised to make the U.S.-China divide even starker

The WIC family food program is getting a refresh, but requirements are still tough to navigate

The WIC family food program is getting a refresh, but requirements are still tough to navigate

Why does the world want dollars? Because of high interest rates, thriving economy in U.S.

Why does the world want dollars? Because of high interest rates, thriving economy in U.S.

Recent college grads see rise in unemployment

Recent college grads see rise in unemployment