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BBCNEWS BBC News June 4, 2024 21:09:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 21:09:00

With messages of love, loss and the heartache of unfinished youth. duncan kennedy, bbc news. we could all be paying more for petrol and diesel soon. it's after oil exporting countries including saudi arabia and russia, that are part of a big group called opec plus, agreed to extend cuts in production. in a statement following talks in vienna, the group, which is facing flagging global oil prices, said it was committed to a stable oil market. together the cartel delivers about 40% of global oil production, meaning its decisions can have huge influence on the market and prices. earlier, i spoke ...

BBCNEWS BBC News June 4, 2024 19:10:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 19:10:00

Talks in vienna, the group, which is facing flagging global oil prices, said it was committed to a stable oil market. together the cartel delivers about 40% of global oil production, meaning its decisions can have huge influence on the market and prices. earlier, i spoke to independent energy analyst cornelia meyer, who's been following the meeting in vienna. the opec+ member countries are very concerned about the state of the global economy, and they look at rising interest rates and they look at the effect that will have on the demand. they've also seen deteriorating oil prices for some time...

BBCNEWS BBC News June 4, 2024 20:10:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 20:10:00

About 40% of global oil production, meaning its decisions can have huge influence on the market and prices. earlier, i spoke to independent energy analyst cornelia meyer who's been following the meeting in vienna. the opec+ member countries are very concerned about the state of the global economy, and they look at rising interest rates and they look at the effect that will have on the demand. they've also seen deteriorating oil prices for some time now. they came slightly up as people started thinking that, you know, the cuts might be extended, so that's why they took the cuts. i mean, t�*s ...

BBCNEWS BBC News June 4, 2024 18:12:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 18:12:00

Quotas to other members. together opec plus delivers about 40% of global oil production, meaning its decisions can have huge influence on the market. oil producers are grappling with falling prices and high market volatility amid the russian invasion of ukraine. live now to independent energy analyst cornelia meyer who's been on the fringes of the opec+ meeting in vienna. hi cornelia. good to see you. just explain why this decision has been made and what impact it is likely to have.~ made and what impact it is likely to have. ~ , . , ., made and what impact it is likely to have. ~ , . made and...

BBCNEWS BBC News June 4, 2024 19:13:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 19:13:00

When prices oscillate too much, it's very hard to make the right decisions — let's say, as an airline — in terms of what you want to do. things become — planning becomes — very difficult. cornelia meyer there. to poland, where as many as 500,000 people have taken part in an anti—government rally in warsaw. they were protesting against a new law critics say could be used to target opposition politicians in an election year — and in particular the former prime minister donald tusk, who spoke at the rally. translation: the first step to victory is to recognise - our strength. we're he...