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BBCNEWS World Business Report July 6, 2024



oil supplies look to tighten from next month, after saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. well, oil prices are currently trading higher, after the move by 0pec+. this is the second time the cartel slashed productions. the group last did so in october, cutting output by two million barrels per day. jonathan robinson is global power & energy research director at frost and sullivan. this move by saudi was something of a surprise. the us publicly ruled out new crude purchases to replenish its own strategic stockpile. how much of a collision course does it put ridadh on with america? it is interesting because russia had cut its production separately in march so it suggests a bit of co ordination between russia and saudi arabia and clearly they want to put a floor under the price of oil and see it recovering to the side of $90 a barrel, where it ha ....

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BBCNEWS BBC News July 6, 2024



of the country s most influential aboriginal leaders, yunupingu, who has died at the age of 7a. hello and welcome. let s look at some of the main stories in the uk. uk passport office workers are staging five weeks of industrial action over pay, pensions and job security. union reps say walking out now will cause maximum disruption, because people will be trying to renew their passports in time for summer travel. the british government has called the industrial action disappointing and says it s working to manage the impact it may have. our employment correspondent zoe conway reports. it s at this time of year that the passport service is at its busiest as people get their passports renewed in time for the summer. the pcs union says it s going on strike now to cause maximum disruption. 1,900 civil servants are directly involved in issuing passports. the union says more than 1,500 of them will go on strike. the union says there needs to be a dramatic improvement on las ....

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BBCNEWS World Business Report July 6, 2024

after the world s largest exporters announced surprise cuts in production. saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. let s take a look now at oil prices. quite like you get a sense of that rise up sharply. it is the second time that the cartel has slashed production. the group also did so in october of last year, cutting output by 2 million barrels per day. let s discuss this in more detail with spencher welch, oil analyst at s&p global. we said there are a surprise cut in production. we have in getting used to prices falling as the nervousness around the world economy continues. what does this tell us about what opec is thinking? it what does this tell us about what opec is thinking? what does this tell us about what opec is thinking? it shows they are not ha - opec is thinking? it shows they are not happy with opec is thinking? it shows they are n ....

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BBCNEWS Click July 6, 2024



i go to the world s biggest start up campus in paris, where female innovators are cooking up some amazing ideas. it tastes a lot like egg. there is a bit of an aftertaste, a slightly bitter aftertaste. mmm, bit of seasoning maybe, or mouthwash? anyway, i ve been to meet a female tech boss who is helping to shape the future of surgery. the contribution of women in all walks of life has often been forgotten, because history has mainly been recorded by men. but here at the glasgow women s library their achievements are rightly celebrated. this is the only accredited museum in the uk dedicated to women s history, and it is filled with books that are about, for, or by women. 20,000 books and 500,000 archived items here are providing a valuable resource for researchers and historians. amongst all of that, you will find stories about some amazing women. like this one. i m a bit of a fan of ada lovelace. when i learned to program computers when i was young, i could practise on ....

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BBCNEWS BBC News at One July 6, 2024



our other main news this lunchtime. intense security as the man convicted of murdering liverpool schoolgirl olivia pratt korbel arrives at court for sentencing. a 26 year old woman is detained after the killing of a military blogger who supported russia s war in ukraine. and remembering mobile phones the size of bricks it s 50 years today since the first call was made on one. coming up on the bbc news channel: sacking season in full flow. chesley and leicester s search for a new manager and way after saying goodbye to brendan rodgers and graham potter. good afternoon and welcome to the bbc news at one. schools in england are facing more strike action after members of britain s biggest teaching union overwhelmingly rejected a government pay offer. 98% of national education union members who voted turned down a one off thousand pound payment on top of a wage rise. the union s leaders described the offer as insulting , while the government called it fair and reasonable ....

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