About This Source - Al Jazeera
The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster in Doha, Qatar, owned by the Al Jazeera Media Network. More from Al Jazeera
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Over the past month, two of the world’s biggest oil producers have been in dispute about how to respond to the coronavirus pandemic.
Demand collapsed after airlines grounded their planes, factories shut their doors, and countries imposed travel bans.
Crude prices fell further when Saudi Arabia and Russia couldn’t agree on cutting supplies to try and force prices higher.
The US president now suggests both sides may agree to cut production by 10 to 15 million barrels a day.
Saudi Arabia has called for an emergency meeting of oil producing nations.
Will Donald Trump’s intervention be enough to end the feud?
And what’s the impact of the rift?
Presenter: Bernard Smith
Mikhail Krutikhin – Partner at the consulting agency RusEnergy
Alex Shindelar – President of Energy Intelligence, an industry analysis company
Jeff Colgan – Professor of Political Science at Brown University and author of the book,: ‘Petro-Aggression: When Oil Causes War.’
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In This Story: Donald Trump
This story features US President Donald Trump. Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. See more Donald Trump news here.