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slash Wall Street.

OPEck Plus agrees to keep in place its cur to oil production expect prices to remain high

through the November election. Plus Airbnb hosts prove a political force to be reckoned with.

And Chinese companies are finding ways to dodge blacklists and keep

doing business in the US. This practice really irritates policymakers because it makes

it so difficult when you cannot identify the real company that is behind another company.

It makes it very difficult to properly regulate them.

It's Monday, June 3rd.

I'm Peter Granitz for the Wall Street Journal filling in for Luke Vargas.

And here's the AM edition of What's News,

the top headlines and business stories moving your world today.

The organization of the Petroleum Exporting Countries and its allies have agreed to extend their existing production curbs into next year. The decision means oil prices will

likely remain high through November's presidential election in the United States.

Here's Journal Finance reporter Joe Wallace with more on the cartel's thinking.

It in effect gives OPEC and it's Joe Wallace with more on the cartel's thinking.

It in effect gives OPEC and its allies considerable leeway to make adjustments depending on how

the market performs.

Sally Arabia and the UAE in Russia, they like high oil prices. They don't want prices to get too high because when prices rise beyond a certain level people, consumers and businesses start to cut back at the margin they start to use less oil.

For them it's a balancing act.

...