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Transcripts For BBCNEWS Business Briefing 20240714

Hello and welcome. Opec members are meeting in vienna today to consider whether to extend production cuts to try to prop up prices. But deals being made on the sidelines with non opec members are already making headlines. Saudi arabia and russia, a non opec member, have already come out to endorse a policy aimed at pushing up the price of crude oil as the world faces a weakened economy. Many Analysts Expect the group to roll over supply cuts of more than one Million Barrels per day until the end of the year. But the outlook for oil demand is murky at the moment. The ongoing trade war between the worlds two biggest economies, the us and china, has held back brent crude prices in recent months. Thats because fears over ongoing tariffs will damage global growth, reducing demand for the commodity. Thats been counterbalanced by tensions between iran and the us, which have heightened fears of supply disruptions in the middle east. Oilfrom iran is now at a trickle after us sanctions were put

Transcripts For BBCNEWS Breakfast 20240714

Obviously never had that motivation before. Theres a new way to keep your number when you switch mobile phone provider. From today all it takes is a text. Ill be looking at what the change means for you. Better the devil you know. A triumphant kylie steals the show at glastonbury 14 years after her cancer diagnosis prevented herfrom performing. Well bring you that and the rest of the highlights from the weekend. Dry all week for wimbledon. Weather forecast, showery, rain and windy forecast, showery, rain and windy for scotland and Northern Ireland but improving through the day. For england and wales, some sunny spells. I will have more in 15 minutes. Its monday istjuly. Our top story riot police have used pepper spray and batons during clashes with protesters in hong kong overnight, on the 22nd anniversary of its shift from british to chinese rule. The protests are the latest against a proposed law that would allow suspected criminals to be sent to Mainland China to face justice. The H

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