BBCNEWS Business Briefing November 30, 2017
Its exactly a year since opec and russia first struck a deal to cut production. Brent crude has soared from 45 dollars a barrel in the summer to over 63. That deal is due to expire at the end of march. But there are signs of a split. Russia is happy with oil at 40 a barrel some of its oil bosses have been questioning why cuts should continue now prices have recovered. But the saudis need much higher prices to balance their economy they want oil at 60. Lets get more on this story. Herman wang, is opec specialist for s p global platts. Hes in vienna covering the meeting. Welcome to the programme...