OPEC Extends Oil Production Cuts03:39

This article is more than 2 years old.

The world's oil exporters have renewed their agreement to cut oil production for another nine months. The agreement is likely to affect about 2 percent of the world's output.

Here & Now's Jeremy Hobson speaks with Curt Nickisch (@CurtNickisch), senior editor at Harvard Business Review, about the impact the extension will have on oil prices.

This segment aired on May 25, 2017.


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