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NPR News Now

NPR News: 06-04-2023 7PM EDT

NPR News Now

NPR

News, Daily News

4.214.3K Ratings

🗓️ 4 June 2023

⏱️ 5 minutes

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NPR News: 06-04-2023 7PM EDT

Transcript

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0:00.0

Live from NPR News in Washington, I'm Janine Herbst. Saudi Arabia says it will cut 1 million

0:07.7

barrels of crude oil per day and a move aimed at boosting sagging prices on the world market.

0:14.4

As NPR's Jackie Northam reports, the decision follows a meeting of OPEC members.

0:19.7

This is the second time since April that OPEC announced a surprise cut in production

0:23.9

to help raise prices. Saudi Arabia says it will start its new voluntary cut in July,

0:29.9

and could extend that well into 2024. It will bring the kingdom below 9 million barrels

0:35.4

a day for the first time in more than a decade. Saudi Energy Minister Prince Abdulaziz Bin

0:41.0

Salman announced the reduction in a statement shortly after the OPEC cartel ended hours

0:46.8

of haggling. There was pressure on many African nations to also reduce their output and

0:52.3

on Russia, which keeps pumping huge amounts of cheap oil despite previous agreements

0:57.3

to cut. Meanwhile, the United Arab Emirates will increase its production.

1:02.8

Jackie Northam NPR News

1:04.3

Our Minister Alban Quarty of Kosovo is resisting renewed calls by the U.S. to de-escalate a dispute

1:13.1

over measures in a surre majority parts of northern Kosovo. It follows violence by ethnic

1:18.0

serves angered at the installation of ethnic Albanian mayors after they won an election.

1:22.7

The serves had boycotted. The U.S. envoy to the Balkans, Gabriel Escobar, tells the

1:27.4

BBC there should have been no need for this dispute.

1:30.2

They turned out to be a test of wills between those who didn't want the new mayors taking

1:34.6

their office and those who insisted that they needed to be in those buildings for symbolic

1:39.0

reasons. In that regard, it was entirely avoidable.

1:44.6

Quarty acknowledged the current mayors had weak legitimacy because of the low turnout.

1:49.7

Some residents in Washington, D.C. in the Metro area have reported hearing a loud boom

...

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