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Bloomberg Daybreak:OPEC Impact on Strained U.S.-Saudi Relations
After months of pressure to hike oil production, Saudi Arabia is now steering OPEC the opposite direction, pushing for output cuts at the December meeting in Vienna. The change has put the kingdom on a collision course with American interests at a time when relations are already under strain following the killing of journalist Jamal Khashoggi. Bloomberg's Jessica Summers and Danielle Bochove discuss.
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By Bloomberg NewsAfter months of pressure to hike oil production, Saudi Arabia is now steering OPEC the opposite direction, pushing for output cuts at the December meeting in Vienna. The change has put the kingdom on a collision course with American interests at a time when relations are already under strain following the killing of journalist Jamal Khashoggi. Bloomberg's Jessica Summers and Danielle Bochove discuss.