Oil production cuts: Agreement comes into effect on Friday

An agreement among the world’s major oil producers to cut output comes into effect on Friday.
It follows a collapse in global oil prices, spurred by a slump in demand because of the coronavirus pandemic.
It seems the deal may have only happened because US President Donald Trump reportedly pressured Saudi Arabia, implying the United States may withdraw military support.
Al Jazeera’s Osama Bin Javaid reports.

– Subscribe to our channel: http://aje.io/AJSubscribe
– Follow us on Twitter: https://twitter.com/AJEnglish
– Find us on Facebook: https://www.facebook.com/aljazeera
– Check our website: https://www.aljazeera.com/

#AlJazeeraEnglish #Oil #Coronavirus

In This Story: 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. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.

5 Recent Items: Donald Trump

  • ‘Disunited States’: Baltimore, a symbol of the challenges awaiting Joe Biden
  • ‘A great honor,’ Trump says as he exits the White House
  • Vice President-elect Harris to be escorted by Eugene Goodman during inauguration l ABC News
  • Japanese Trump supporters rally in Tokyo
  • Kamala Harris makes history as first female, black, South-Asian Vice-President in US
  • In This Story: Saudi Arabia

    Saudi Arabia, officially the Kingdom of Saudi Arabia, is a country in Western Asia constituting the bulk of the Arabian Peninsula.

    Saudi Arabia also has one of the world’s youngest populations, with approximately 50 percent of its population of 34.2 million being under 25 years old.

    2 Recent Items: Saudi Arabia

  • Saudi crown prince courts a wary Biden
  • Families reunite as Qatar-Saudi flights resume
  • In This Story: United States

    The United States is a country also known as the United States of America, USA, US or just America. There are fifty states in the union, which is a federal republic ruled by a representative democracy. Nearly ten million square kilometres are inhabited by over 300 million people. The majority of Americans speak English.

    4 Recent Items: United States

  • ‘Disunited States’: Baltimore, a symbol of the challenges awaiting Joe Biden
  • Bernie Sanders Arrives for Biden Harris Inauguration at U S Capitol
  • Kamala Harris makes history as first female, black, South-Asian Vice-President in US
  • Iranians ‘hopeful’ over Biden administration, but ‘ball is on Washington’s side’ over nuclear deal
  • Leave a Comment