BBCNEWS World Business Report July 7, 2024
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 pl...