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Sarah Lowther

Morning Money: Saudi Arabia and Russia agree to freeze oil output at January levels

Sarah Lowther
Original Broadcast:

Morning Money at 7:00 on

Morning Money: Saudi Arabia and Russia agree to freeze oil output at January levels
Oil prices fell on Tuesday despite Saudi Arabia and Russia agreeing to freeze oil output at January levels if other producers follow suit. A potential stumbling block is Iran, after petroleum minister, Bijan Zangeneh, said that the country would "not forego its oil market share". Kevin Baxter, Global Commodities Spot News Editor at the Wall Street Journal, gives his opinion on the matter.

Guests: Chris Bailey,Kevin Baxter