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BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

because oil producing countries agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia said it would make cuts of1 million barrels a day injuly and 0pec+ said targets would drop by 1.4 million barrels per day from 202a. 0pec+ accounts for a1% of crude oil and let's get more for our middle east correspondent. it was widely expected before the meeting started on the weekend that 0pec+ would reduce oil production because it is hovering around $75 a barrel. there are concerns it could fall further with global economy struggling an...

BBCNEWS World July 5, 2024 - Vimarsana News

BBCNEWS World July 5, 2024

hello, i'm sally bundock, here with your top business stories. let's start with oil, because crude prices have risen some 2% after saudi arabia and opec plus countries announced they would be cutting production to stabilise oil prices. saudi arabia said it would make cuts of one million barrels per day injuly, which is around 1% of global supplies. opec plus countries — which account for around a0 % of the world's crude oil — said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria a...

BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia working so far. saudi said prices which seems to be working so far. saudi said it would make cuts of1 million barrels a day and targets would drop by 1.4 million barrels per day from 2024. 0pec+ accounts for crude oil and let's get more for our middle east correspondent. it more for our middle east correspondent.— more for our middle east correspondent. it was widely exected correspondent. it was widely expected before _ correspondent. it was widely expected before the -...

BBCNEWS BBC World News July 7, 2024 - Vimarsana News

BBCNEWS BBC World News July 7, 2024

prime minister later. hello and welcome. a gunman has shot dead 19 students and one teacher at a primary school in the us state of texas. the pupils were between the ages of seven and ten. the mass shooting was in the small town of uvalde, west of san antonio, at robb elementary school, which is made up of a largely hispanic community. authorities say the suspected attacker was an 18—year—old named salvador ramos. he was shot dead by law enforcement officers. he is believed to have purchased two military—grade rifles and is suspected of killing his grandmother before heading to...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

in a move that could push the country closer to default. the treasury department said it would end a waiver that had allowed us bondholders to accept payments. russia has almost $2 billion worth of payments on its international bonds that will be due up to the end of the year. joining me now is patrick reid, co—founder of the adamis principle. i guess the place to start with this is how close it will bring russia to default in common what would happen if it does? thank you for having me on. it isjust another nail thank you for having me on. it is just another nail in the russian ec...