( ) -q-26- UNDATED (Correspondent Jeremy House) “of one million.” Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices. [CutID: <Cuts> SAUDI-ARABIA-RUSSIA-OIL-house-q-TUEpm.mp3 Time: 26s Title: SAUDI-ARABIA-RUSSIA-OIL-house-q-TUEpm Out-cue: of one million] TAG: Correspondent Jeremy House reporting. ————————— VERBATIM: It shows how two […]
Audio
Saudi Arabia and Russia are cutting oil supply again in bid to boost prices
( ) -q-26- UNDATED (Correspondent Jeremy House) “of one million.”
Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices.
[CutID: <Cuts> SAUDI-ARABIA-RUSSIA-OIL-house-q-TUEpm.mp3
Time: 26s
Title: SAUDI-ARABIA-RUSSIA-OIL-house-q-TUEpm
Out-cue: of one million]
TAG: Correspondent Jeremy House reporting.
—————————
VERBATIM: It shows how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy. The move gave a slight boost to oil prices. The Saudi Energy Ministry said it would extend its previously announced cut of 1 million barrels per day in July through August while Russia will cut an additional 500,000 barrels a day in August, for a total of 1 million.