In the News

Will OPEC agree an output squeeze to raise crude prices?

Graham Watson

20th April 2016

A number of oil producers - both OPEC and non-OPEC members are meeting in Qatar to discuss what to do about levels of production. At the moment there's only one agenda item: whether or not to agree to freeze output, rather than reduce it but this alone has helped boost oil prices, although it's unlikely to raise them dramatically.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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