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What is OPEC thinking right now?

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The headquarters of the Organization of the Petroleum Exporting Countries in Vienna, Austria.

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

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Segments From this episode

OPEC+ agrees to boost oil production. But probably not enough to lower prices.

by Justin Ho Aug 3, 2022
The small increase of 100,00 barrels a day may be a sign that the cartel thinks a recession is coming.

Credit card debt is up 13% from last year, New York Fed reports

by Samantha Fields Aug 3, 2022
That’s the biggest year-over-year increase in 20 years. Inflation is just part of the reason.

A 60-year-old program for workers hurt by globalization comes to a close

by Kai Ryssdal and Sarah Leeson Aug 3, 2022
The Trade Adjustment Assistance program aids workers laid off due to trade competition. It stopped taking applications in July.

With "Reservation Dogs" and "Rutherford Falls," a new era of TV centers on Native people, stories

by Savannah Maher Aug 3, 2022
The new wave of shows created for and by Indigenous people shows Native storytelling is worth investing and reinvesting in, fans say.

Germany under fire from neighbors for its dependence on Russian energy

by Stephen Beard Aug 3, 2022
Fear that Russia may terminate all natural gas flows to Europe's largest economy is causing friction among EU countries.

About 200 Chinese firms are at risk of getting kicked off the Nasdaq and NYSE

by Jennifer Pak Aug 3, 2022
The companies must let American regulators inspect their financial audits, a fight that stretches over 20 years.

Music from the episode

Still Got Love Teedra Moses
Lovin Millionyoung
Mirage Toro y Moi
Melloton Liam Huston
Soft Stud Black Belt Eagle Scout

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