oil prices have risen before today s meeting of the cartel of oil producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world s third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here s our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec plus is expected to opec plus is expected to stick opec plus is expected to stick to its current policy of making a modest increase in production which translates to a little over 400,000 barrels of oil per day. this is in line with the opec plus agreement that was signed between the members in 2021. but the question that will be on the table and under the spotlight is what will opec plus do after sep
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a mini boost to the retail and hospitality sectors as a result of this platinum jubilee extravaganza. joining me now is retail expert kate hardcastle. going into this weekend with decent weather, are the forecasts for sales as cheerful? they really are and it s a welcome boost to retails that have had a challenging three months, the cost of living crisis not going away, some news reports questioning suggesting it will be forgotten about, that won t be the case but the public are ready to celebrate and retail sales and products they are coming up with are ready to sell and we have heard there are bunting shortages all over the uk suggesting this could be worth another 500 pounds top up sales across the uk in hospitality and retail. across the uk in hospitality and retail. ~ . ., , and retail. we are all bunted out. how durable will this boost to sentiment and spending be do you think? after the pageantry.