Saudi Arabia will cut its oil exports by a million barrels a day
A decision made this weekend in Vienna will likely impact how much you pay at the pump this summer.
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A decision made this weekend in Vienna will likely impact how much you pay at the pump this summer.
A decision made this weekend in Vienna will likely impact how much you pay at the pump this summer.
The average price for a gallon of regular gasoline was $3.13 as of Wednesday, down 42 cents from one month ago, after peaking at a record $5.02 earlier this year, according to AAA.
After a tumultuous year for US-Saudi ties, there is little reason to expect US-OPEC+ tensions to ease in 2023.
Independent oil trader Dan Dicker joins Chris Hayes to discuss the implications of OPEC and Russia’s attempt to raise oil prices by cutting production.