An OPEC surprise for the oil markets

OPEC oil ministers agreed to trim overall output by more than 500,000 barrels a day over the next 40 days. The small but symbolic gesture is meant to avoid new turmoil in the markets and prop up falling prices. Javier Blass, the FT commodities correspondent, talked with The Takeaway about the meeting’s outcome and the behind the scenes negotiations between Russia and OPEC. Guest: Javier Blas, commodities correspondent with the Financial Times