Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is easy.

Advertisement
Advertisement
Advertisement

Major oil-producing nations agree historic 10% cut in output

Michael talks to Dr Vlado Vivoda, Senior Lecturer in Strategic Studies at Deakin University, about the major oil-producing nations agreeing to an historic 10% cut in output.

 

Major oil producers Saudi Arabia and Russia have reached a truce after a collapse in demand and have agreed to the cut in global oil production by almost 10% to protect the market from coronavirus impact.

Members of the Organization of Petroleum Exporting Countries and its allies agreed to withhold almost 10m barrels a day from the next month as lockdowns caused by the Covid-19 led to a fall in demand and a collapse of oil prices.

Download this podcast here

Advertisement