Apr 10 Watch 2:47 News Wrap: Oil producers agree to cut global supply In our news wrap Friday, members of OPEC, along with Russia and Mexico, agreed to cut global oil production by up to 10 million barrels a day, or a tenth of the world supply. It’s an effort to stabilize oil… Continue watching
Apr 09 Oil-producing nations seek global deal to stabilize market By Daria Litvinova, Associated Press Oil-producing countries including those of the OPEC cartel and Russia are trying to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy. Continue reading
Apr 03 Putin suggests sizable oil production cut as prices fall By Associated Press Russian President Vladimir Putin says he supports cutting oil production by about 10 million barrels a day to shore up falling prices. Continue reading
Mar 10 Why Russia just torpedoed global oil prices By Ryan Chilcote For many of the oil-rich countries, 2020 was already off to a miserable start, but they took a beating on Monday-- a barrel of oil now costs half what it did at the beginning of the year. What happened?… Continue reading
Dec 06 Watch 6:13 News Wrap: Gunman who killed 3 at Fla. air station was member of Saudi Air Force In our news wrap Friday, Florida officials confirmed that a gunman who killed three people at Naval Air Station Pensacola was a member of the Saudi Air Force. The attack happened in a classroom where the suspect was undergoing aviation… Continue watching
Dec 06 OPEC nations and Russia agree to cut oil output to lift prices By David McHugh, Associated Press The nations have agreed to cut their crude production by an extra 500,000 barrels a day. Continue reading
Dec 07 Watch 5:22 News Wrap: House committees interview Comey privately In our news wrap Friday, the House Judiciary and Oversight Committees interviewed former FBI director James Comey in a closed-door deposition, as House Republicans investigate FBI actions during the 2016 presidential campaign. Plus, the man who killed a woman after… Continue watching
Dec 06 OPEC delays decision to cut oil production amid falling prices By Kiyoko Metzler, Carlo Piovano, Associated Press Crude prices have been falling since October because major producers are pumping oil at high rates and due to fears that weaker economic growth could dampen energy demand. Continue reading
Dec 03 Qatar to pull out of OPEC amid friction with Saudi Arabia By Jon Gambrell, Associated Press The surprise declaration could make Qatar the first Middle East nation to leave the cartel since its founding in 1960. Continue reading
Nov 30 Watch 4:21 News Wrap: No criminal charges for officer who fatally shot Keith Lamont Scott By PBS News Hour In our news wrap Wednesday, the North Carolina police officer who fatally shot Keith Lamont Scott in September will not face criminal charges. The prosecutor said there was evidence that Scott, a black man, was holding a gun and ignored… Continue watching