The OPEC nations have agreed their first cut in production since 2008. The alliance of oil production companies have agreed to reduce production by around 1.2 million barrels a day, with Saudi Arabia set to shoulder the biggest portion of the cut, as well as agreeing to accept Iran continuing to produce at its pre-sanction level. Simon Rose was joined live from the OPEC conference in Vienna by energy expert Peter Bild.

Guests: Peter Bild

Published: Wed 30 November 2016