Iran drives OPEC’s oil production to record low

  • Published: 19 July 2019
  • OPEC controls approximately 80 percent of the world’s oil supply. But political tension over Iran has caused the cartel’s output to drop to its lowest levels since 2015. Sara Montes de Oca reports. Then “Boom Bust” host Christy Ai joins News.Views.Hughes to share her insights. She points out that the US turn to shale oil has reduced OPEC’s power to exert its influence through oil production.

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Comments • 388

  • Sasha Whitefur
    Sasha Whitefur  2 weeks back

    It will be 1973 all over again, I for one remember it. Mabny young people have no idea what it can mean.

    • Maximiliano Aedo
      Maximiliano Aedo  3 weeks back

      Saudi Arabia will be better off without the royal family.

      • CurbKillaz
        CurbKillaz  4 weeks back

        USA is run by an elitarian mafia club. NO american citizen will benefit on all their wars. It is funded by taxmoney and all the oil, gold an others treasures ends up in the hands of the elitists and sold to the people. You guys are being fooled over and over again and yet you are proud of your country. WAKE THE FUCK UP !!!!

        • Quantum Uncertainty Workshop

          lol everyone here arguing about it... do you know how much oil the US has stockpiled? do you know how much we're producing? do you know how much profit we're making off of this now as we export it...

          • Mike Smith
            Mike Smith  4 weeks back

            There's no shortage Iran is hiding its oil production in Chinese ports off the books.

            • Kevin Wellwrought
              Kevin Wellwrought  1 months back

              The sanctions are obviously breaking the US economy harder. The high price US is paying for supporting the zionists again!

              • Dūm Dūm Brown
                Dūm Dūm Brown  1 months back

                …why are USA-nians born retarded? Is there any research that can explain this symptom of the world’s richest banana republic?!

                • Peter Wang
                  Peter Wang  1 months back

                  Stable orange tard and his American punks supporters

                  • LibertyIsDead
                    LibertyIsDead  1 months back

                    That evil bastard bush is going to go over there with a private army for fucking with his oil.

                    • David Beaulieu
                      David Beaulieu  1 months back

                      End fossil fuels you you want to go extinct?

                      • Milaad Rohi
                        Milaad Rohi  1 months back

                        How does oil dropping to a record low benefit Iran? Am I missing something here?
                        This is what happens when you have airheads discussing macroeconomics.

                        • DSG
                          DSG  1 months back

                          USA wants high international oil prices.

                          Remember USA is an oil exporter now.

                        • Angelo Estrada
                          Angelo Estrada  1 months back

                          Good job! Christy !

                          • Ma Chatte
                            Ma Chatte  1 months back

                            USA created situation

                            • Rey fer
                              Rey fer  1 months back

                              Trump's plan to get out of the nuclear treaty with Iran as excuse to attack them and increase oil prices is going bad heheheh

                              • luis duron
                                luis duron  1 months back

                                China makes iPhones even more expensive

                                Iran makes oil makes more expensive

                                If u voted for trump you are paying the expensive price

                              • raider one
                                raider one  1 months back

                                Never smoke your own supply rule number 1

                                • rahabhlal
                                  rahabhlal  1 months back

                                  Oil traded in dollars.... And populism would doom us all

                                  • HURE BEN YAHAWAH
                                    HURE BEN YAHAWAH  1 months back


                                    • Андрей Мартини :

                                      I want to have sex with red dress presenter

                                      • AnonKarma
                                        AnonKarma  1 months back

                                        Only AI I would deal with😏🤣🤟🏻

                                        • OGASI
                                          OGASI  1 months back

                                          USA are doing this, not Iran.

                                          • John Kesich
                                            John Kesich  1 months back

                                            The US had a disagreement "with Israel" in 1973? Did you mean to say "over Israel"? Or was that deliberate misinformation?

                                            • Francis Lim
                                              Francis Lim  1 months back

                                              America depended on high oil prices to have their oil fracking deem profitable as cost of operations is very high,creating tensions in the Middle East increases oil prices as uncertainty about supplies pushes up prices.The Iranian knows that.

                                              • Tyrone Koumoundouros
                                                Tyrone Koumoundouros  1 months back

                                                Jew Satanic America sent a viris to Venezuela electrical system computers.

                                                • Chris BAKke
                                                  Chris BAKke  1 months back

                                                  if we just used a different alternative like electricity or hydrogen we wouldn’t have to worry about oil so much!

                                                  • Chris BAKke
                                                    Chris BAKke  1 months back

                                                    if we just used a different alternative like electricity or hydrogen we wouldn’t have to worry about oil so much!

                                                    • Scooby Skullx
                                                      Scooby Skullx  1 months back

                                                      Australia didn’t get the memo, prices are worst than terrorist attacks.
                                                      But what we got is sports news first and more updates 24/7!

                                                      • Darrell Lingman
                                                        Darrell Lingman  1 months back

                                                        Lets go electric and hydrogen powered and lesson dependance on oil.

                                                        • billy kobilca
                                                          billy kobilca  1 months back

                                                          When will saudies drop the petro dollar constraints.

                                                          • EL ROCKERS ALLSTARS
                                                            EL ROCKERS ALLSTARS  1 months back

                                                            Christy,Christy,Christy! One beautiful Asian woman.Now I have to go and watch a good Kung -Fu movie with some more beautiful Asian women." Beautiful Dreamer"

                                                            • Victor Martinez
                                                              Victor Martinez  1 months back

                                                              Russophobia Rules state....its the Russians fault! They are meddling again this time they are meddling in oil production... Mire sanctions please! 😆

                                                              • Things That Are Fast
                                                                Things That Are Fast  1 months back

                                                                Let Israel fight Iran on their own since they want the war with Iran more than anyone else right now.

                                                                • First Last
                                                                  First Last  1 months back

                                                                  2:04 “Bahrain hired Al-Qaeda terrorists to target position”

                                                                  Keep in mind it is very important to read the lower global newsfeed reports for further intel/knowledge

                                                                  • Jimmy Mueller
                                                                    Jimmy Mueller  1 months back

                                                                    who is that Asian girl OMG I NEVER SEEN SUCH A BEAUTIFUL WOMAN like that in my life i wish i could find her and make her my wife and soulmate :D

                                                                    • Nimo Kali
                                                                      Nimo Kali  1 months back

                                                                      There's no "figuring out" needed. It's quite simple really. The US needs to REMOVE these criminal and illegal sanctions. America is already killing Iranian on a daily basis with those sanctions. The US already has blood on their hands, they have started killing Iranian from months ago. It's not shown on media.

                                                                      • Elias J.
                                                                        Elias J.  1 months back

                                                                        fuck opec the sauds & there wanker buddies in america

                                                                        • sharon anderson
                                                                          sharon anderson  1 months back

                                                                          I have seen reports the actually we do not even use the oil the is fracked here. it is all exported. so it is done for profit. which requires things tht are not healthy for us as a society.

                                                                          • sharon anderson
                                                                            sharon anderson  1 months back

                                                                            we need a new energy. we need a grn new deal.

                                                                            • Gustavo ZAR
                                                                              Gustavo ZAR  1 months back

                                                                              This update is about OPEC, not Iran, so please, don't do like FOX News & them, pushing narratives for Americans. I love & respect RT, so please, don't lose me. This headline was inappropriate.

                                                                              • Valentine Kosyak
                                                                                Valentine Kosyak  1 months back

                                                                                You know, Scotty is quite pretty.... She has those Eyes 👀

                                                                                • Alex Villarejo
                                                                                  Alex Villarejo  1 months back

                                                                                  Fracking will be profitable now

                                                                                  • Gojohnny gp1
                                                                                    Gojohnny gp1  1 months back

                                                                                    Trump sowing chaos on behalf of Israel. ... while Israel quietly manipulates strings behind the scenes. Which helps the US oil industry profitable as Trump forces Iran to stop exporting oil so prices go up. Meanwhile US shaleoil production up significantly with companies investing $hundreds of millions into oil...see its easy for Trump to manipulate the market with fake crises, its all about the money with Trump.

                                                                                    • tRuMptUB3 Ps4
                                                                                      tRuMptUB3 Ps4  1 months back

                                                                                      Iran is scared of us haha

                                                                                      • rahmanabid Ullah
                                                                                        rahmanabid Ullah  1 months back

                                                                                        Iran selling thier own oil but America and eu stealing so western powers are thieves.

                                                                                        • rahmanabid Ullah
                                                                                          rahmanabid Ullah  1 months back

                                                                                          Us is petrol theaf

                                                                                          • Attar
                                                                                            Attar  1 months back

                                                                                            THE TITLE SHOULD BE “AMERICA NEEDS MORE OIL AND WE ARE READY TO SACRIFICE GOOD MEN FOR IT” ......

                                                                                            • Clandestino
                                                                                              Clandestino  1 months back

                                                                                              Israhell want war. We should give them what they are pushing for amd arrest all zionist apartheit politicians.