Unified Opec Plus Group d are particularly after and also someone left the cartel. Now were seeing that there and it also a sign that opec plus are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. Is this cut priced in then or are we likely to see a bit of impact on brent prices . We have already seen thejump in the immediate aftermath of this. There is already uncertainty as to how this plans out but a structurally bullish outlook for the rest of year where, if demand does recover, Particularjet Fuel and some emerging economies in the second half, sustained deficits on top of what was on already precarious with stocks and on geopolitics. But, if the market does end up being wea
Where there were questions over how unified opec could be are particularly after angola left the cartel. Now were seeing that there and it also a sign that 0pec are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half, allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. So is this cut priced in then, or are we likely to see a bit of impact on brent prices . We have obviously seen thejump in the immediate aftermath of this. There is already uncertainty as to how demand plans out but were seeing a structurally bullish outlook for the rest of year where, if demand does recover, particularly injet fuel and some emerging economies in the second half, sustained deficits on top of what was on already precarious with stocks and on geopolitic
As he prepares to do this again, hes trying to improve his partys fortunes. This morning, jeremy hunt was keeping his cards close to his chest as he toured the tv studios. But he did give this hint. I do want, where its possible to do so responsibly, to move towards a lower tax economy, and i hope to show a path in that direction. But this will be a prudent and responsible budget for long term growth. With roughly £13 billion to play with, thats less than hed hoped for. The chancellor is scrabbling around for ways to find more cash that would allow him to reduce taxes. And labour arent saying whether theyd prioritise tax cuts or not. So would you bring down taxes now . Well, we want to bring the tax burden down in the long run, but were not going to promise anything which is not completely responsible and fully funded and fully costed. And youll see all of our plans in the manifesto for getting the economy growing because that Economic Growth is so crucial to making People Better off,
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