Why OPEC Wants to Keep Oil Prices High

The Signal Daily

06-06-2023 • 8 mins

What runs the world? Oil. And members of the OPEC and its allies, which produce about 40% of the world's crude oil, want to reap maximum benefits out of this if they can help it.

Recently, Saudi Arabia — the world's top oil exporter decided to cut down oil production, likely in a bid to drive up prices. This comes after OPEC countries made significant cuts in April without any prior warning. What is the impact? Tune in to our deep dive!

In this episode, we also take a look at the trends in India’s aviation sector. Follow The Signal Daily for more!

See omnystudio.com/listener for privacy information.

You Might Like

The Morning Brief
The Morning Brief
The Economic Times
ANI Podcast with Smita Prakash
ANI Podcast with Smita Prakash
Asian News International (ANI)
ThePrint
ThePrint
ThePrint
3 Things
3 Things
Express Audio
FT News Briefing
FT News Briefing
Financial Times
Economist Podcasts
Economist Podcasts
The Economist
Top of the Morning
Top of the Morning
Mint - HT Smartcast
Daybreak
Daybreak
The Ken
HT Daily News Wrap
HT Daily News Wrap
Hindustan Times - HT Smartcast
The Daily
The Daily
The New York Times
Global News Podcast
Global News Podcast
BBC World Service
The Journal.
The Journal.
The Wall Street Journal & Gimlet
Serial
Serial
Serial Productions & The New York Times
The Signal Daily
The Signal Daily
The Core Team
WSJ Tech News Briefing
WSJ Tech News Briefing
The Wall Street Journal
WSJ What’s News
WSJ What’s News
The Wall Street Journal