What We're Following This Morning

A possible freeze in oil production: Saudi Arabia, Qatar, Venezuela, and Russia have agreed to limit their oil output at levels produced in January—so long as other oil-producing nations follow suit. All of them, save Russia, are members of OPEC, the cartel of oil-producing countries. Their announcement could stabilize the global price of oil, which has fallen sharply in recent weeks.  

A denial from Russia: Dmitry Peskov, a Kremlin spokesman, rejected allegations that Russian airstrikes had hit hospitals in Syria yesterday, killing at least 50 people. Turkey says Russia was behind the strikes, which both Ankara and Paris have described as a war crime. Update: More here

The 2016 Grammys: Taylor Swift won Best Album for the second time. Here’s Spencer’s description of last night’s awards: “Tributes to late artists and respectable crooning from young ones were pretty much all the Grammys offered until Kendrick Lamar arrived to remind the world what music engaged with the present and unafraid of offending can achieve.” You can read our coverage of the Grammies here.

News from last night here.