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Struggling Shale Oil Producers See Glimmer Of Hope In Saudi Visit03:07Download

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Saudi Arabia's minister of Oil and Mineral Resources Ali al-Naimi (C) speaks to the press ahead of a meeting on February 16, 2016 in the Qatari capital Doha, with Qatar's, Venezuela's and Russia's ministers for energy and petrol.
Energy giants Saudi Arabia and Russia agreed to freeze oil output to try to stabilise the market if other major producers do the same, Qatar's oil minister said. (OLYA MORVAN/AFP/Getty Images)MoreCloseclosemore
Saudi Arabia's minister of Oil and Mineral Resources Ali al-Naimi (C) speaks to the press ahead of a meeting on February 16, 2016 in the Qatari capital Doha, with Qatar's, Venezuela's and Russia's ministers for energy and petrol. Energy giants Saudi Arabia and Russia agreed to freeze oil output to try to stabilise the market if other major producers do the same, Qatar's oil minister said. (OLYA MORVAN/AFP/Getty Images)

Saudi Oil Minister Ali Al-Naimi will speak to U.S. oil executives in Houston this week about curbing his country's petroleum production.

OPEC leaders announced last year that they would continue pumping oil, even as a glut crashed market prices and jeopardized U.S. shale oil producers. Recently, Saudi Arabia has pulled back, however, leading to a slight rise in oil prices.

Here & Now's Meghna Chakrabarti talks to NPR's Marilyn Geewax about what it means for U.S. drivers.

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This segment aired on February 22, 2016.

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