Saudi Arabia Unfazed as OPEC Set to Keep Oil Output High

 

OPEC members have been meeting in Vienna with the oil producers’ organisation widely expected to do nothing to tackle one of the worst crude gluts in history.

Poorer members have been putting pressure on richer nations to cut overproduction that has sent prices crashing.

But the largest producer Saudi Arabia and its Gulf allies are expected to resist – despite a recent change in tone. 

Click here for summary and video.

Source: Euronews