The pressure of a low oil price seems to be weighing on Saudi Arabia. The country saw its slowest GDP growth in three years, and it was forced to reach a deal with fellow OPEC members to cut oil production. Dr. Nasser Saidi speaks to Pamela Ritchie on the show The Daily Brief on Saudi why needs an output cut so badly. Watch the interview below.
(Original link to the interview: http://bloombergtv.ca/2016-10-03/news/politics/us-and-international/nasser-saidi-unlikely-opec-will-make-agreement-with-global-players/)