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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

let's now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while low—end products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscow's ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian cargo, unless it was bought at or below the set price. i have not got viyella davis to talk about ...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

if gas prices keep rising. fuelling controversy. opec slashes production to boost oil prices, sparking an angry reaction from president biden. plus — too broke for beauty? women around the world say they are cutting back on cosmetics — so how is the industry responding? we'll hear from a top entrepreneur. we start here in the uk, where as you've been hearing, prime minister liz truss has been presenting her plans to boost the economy — in her keynote speech to the conservative party conference in birmingham. she re—stated her commitment to lowering taxes just two days after b...

BBCNEWS World Business Report June 4, 2024 05:31:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:31:00

Let's now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while low—end products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscow's ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian cargo, unless it was bought at or below the set price. i have not got viyella davis to talk about this inste...

BBCNEWS World Business Report June 4, 2024 04:51:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:51:00

$90 a barrel from $120 in the past few months. all of this on fears that a slowing global economy will drive down demand. the decision could also undermine a plan by the g7 wealthy nations to price of russian oil as part of its efforts to limit moscow's ability to fund its invasion of ukraine. president biden �*s response was sharp calling the decision by opec+ shortsighted and ordered the release of 10 million more barrels from the strategic reserve of the us next month to try and offset the cuts. high petrol prices have hurt mr biden at the polls and while american drivers have enjoyed a r...