Reaction to OPEC's decision on oil output

The video discusses the concept of a global price basket ranging from $24 to $28 and the importance of stabilizing these prices to achieve economic balance worldwide. This price range is considered optimal for global economic stability.

What is the price range mentioned for the basket of prices?

How does the concept of a 'basket of prices' relate to global economics?

Why do you think stabilizing prices is important for the economy?

In your opinion, what factors could affect the stabilization of prices globally?

What might be the implications of a global price stabilization?