Video

OPEC unlikely to cut production as low prices punish rival producers

CBC's Paul Haavardsrud explains why a Saudi-led OPEC cutback in production is unlikely, even with the price of crude hovering around $30 US.
CBC's Paul Haavardsrud explains why a Saudi-led OPEC cutback in production is unlikely, even with the price of crude hovering around $30 US. 2:42