Is the Oil Price War between saudi arabia and russia about to end crude prices enjoyed that biggest have a 1. 00 day rally after the us president raised hopes of a truce will donald trump intervention be enough and whats the impact of the rift between the oil superpowers this is inside story. Hello and welcome to the program im Bernard Smith over the past month 2 of the Worlds Biggest Oil producers have been in dispute about how to respond to the coronavirus pandemic demand collapse stuff to add lines grounded the planes factories shut the doors on countries impose travel bans crude prices fell further when saudi arabia and russia couldnt agree on cutting supplies to try and force Prices Higher now u. S. President donald trump is suggesting the feud may soon end saudi arabia has called for an emergency meeting of Oil Producing nations some era challenge reports signs that an oil price will between 2 of the worlds biggest producers may and so with the biggest one day leap on record and
Is the Oil Price War between saudi arabia and russia about to end crude prices enjoyed that biggest ever 1. 00 day rally after the u. S. President raised hopes of the troops will Donald Trumps intervention be enough and whats the impact of the rift between the oil superpowers this is inside story. Hello and welcome to the program im Bernard Smith over the past month 2 of the Worlds Biggest Oil producers have been in dispute about how to respond to the coronavirus pandemic demand collapse stuff to add lines grounded the planes factories shut their doors on countries impose travel bans crude prices fell further when saudi arabia and russia couldnt agree on cutting supplies to try and force Prices Higher now u. S. President donald trump is suggesting the feud may soon end saudi arabia has called for an emergency meeting of Oil Producing nations some era challenge reports. Signs that an Oil Price War between 2 of the worlds biggest producers made and sold the biggest one day leap on record
After inside story by. Will record breaking cuts in production to stop the Oil Price Slump crude producers led by saudi arabia and russia agreed to the biggest of the reduction in oil. So who will be most affected this is inside story. Hello welcome to the program. Factories shut grounded cars and trucks off the roads in many cities under lockdown demand for oil has collapsed due to the coronavirus pandemic and Oil Prices Fell further when major producers saudi arabia and russia couldnt agree on cutting output now theyve set aside their dispute opec and the oil cartels allies agreed to a 10 percent Production Cut the biggest ever but the deal to switch off the top spy 10000000 barrels a day still needs approval from mexico. These circumstances require swift and timely measures all of our Oil Producing countries must pull efforts to change the situation related to the substantial over production of oil in the world the us it didnt take part in the opec discussions on thursday which are
Is the Oil Price War between saudi arabia and russia about to end crude prices enjoyed that biggest of a 1. 00 day rally after the u. S. President raised hopes of the troops will Donald Trumps intervention be enough and whats the impact of the rift between the oil superpowers this is inside story. Hello and welcome to the program im Bernard Smith over the past month 2 of the Worlds Biggest Oil producers have been in dispute about how to respond to the coronavirus pandemic demand collapse stuff to add lines grounded the planes factories shut their doors on countries impose travel bans crude prices fell further when saudi arabia and russia couldnt agree on cutting supplies to try and force Prices Higher now u. S. President donald trump is suggesting the feud may soon end saudi arabia has called for an emergency meeting of Oil Producing nations some era challenge reports. Signs that an Oil Price War between 2 of the worlds biggest producers made and sold the biggest one day leap on record
Minister designate in just 10 weeks on the stuff carver may be able to unite 6 hereon factions hungry and helpless the coronavirus pandemic impacting Food Supplies for hundreds of millions dependent on. And living in fear of the dead why some in indonesia dont one virus victims buried in their towns. Well staggering new figures reveal the extent of the damage to the worlds biggest economy by the coronavirus shut down in just one week another 6600000 people filed for Unemployment Benefits that means nearly 17000000 americans have lost their jobs in the past 3 weeks thats around one in 10 workers for more on this lets turn to our White House Correspondent Kimberly Halkett shes live for us from washington d. C. Kimberly how much of a shiver are these numbers sending down the spine of the economy there. Well they were expected but still the numbers are staggering never before in u. S. History has there been such a significant job loss in such a short amount of time the numbers are simply a