OPEC keeps oil policy amid omicron concerns

3 Dec, 2021 07:33

OPEC and its oil-producing allies agreed to stick to their existing policy of increasing production. This despite a release of oil reserves and amid fears of the new variant of Covid. Is this the best option for the cartel? We’ll discuss.

Then, the US economy is coming under pressure as supply chain issues, labor shortages and inflation persist, leading to what the Feds call ‘widespread’ price hikes as consumer demand continues to outstrip supply.

Plus, lawmakers rolled out legislation to stop so-called “Grinch bots” from snatching up everything from electronics to sneakers to toys. We’ll hear from both sides today, an advocate as well, and a botter himself.

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