Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Saudi Arabia Offers More Oil To Its Major Customers

STEVE INSKEEP, HOST:

NPR's business news starts with an adjustment to the oil supply.

(SOUNDBITE OF MUSIC)

INSKEEP: Saudi Arabia is offering more oil to its major customers. The Financial Times reports that the Saudis may be responding to a request by finance ministers from Group of Seven, the largest economies in the world. The move would likely push gas prices down and help stimulate economic growth. The average gas price at U.S. pumps rose to $3.88 last week - that is the highest ever for the month of September. Transcript provided by NPR, Copyright NPR.

KUER is listener-supported public radio. Support this work by making a donation today.