Home > What's the deal with oil? Saudi Arabia's about-face on OPEC (part 2)

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What's the deal with oil? Saudi Arabia's about-face on OPEC (part 2)

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Will OPEC really tighten production? Is Saudi Arabia, the world's largest oil producer, really feeling the pinch? It's just announced austerity measures but still sits on a massive sovereign wealth fund. What does that money buy when you see the U.S. congress overriding a presidential veto on suing the Saudis over links to 9/11? Finally, it's not just our dependence on Saudi oil... but oil in general. Even in France, one in four cars sold is now a gas-guzzling SUV.

Added on the 29/09/2016 20:17:02 - Copyright : France 24 EN

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