Oil glut weighs on producer nationsTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoD. Zindel / N. Kalkwasser03/02/2016March 2, 2016The low price of oil has far-reaching consequences for petroleum producers. Not only jobs and businesses, but national budgets are affected. World production leaders Russia and Saudi Arabia are calling for a freeze on output to keep prices stable.https://p.dw.com/p/1I5GwAdvertisement