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Transcripts For BBCNEWS World 20240705

which is around 1% of global supplies. opec plus countries which account for around 40% of the world s crude oil said they would cut production by some 1 point 4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria and angola both wanting to raise production rather than cut it. here s our middle east correspondent sameer hashmi on some what can this mean for prices around the world? here s our middle east correspondent sameer hashmi on some of the fissures within opec plus, and the differing priorities of some key members. before the meeting started on saturday, it was widely expected that the whole group would make cuts deeper prices. but that didn t happen. saudi arabia was quite keen that the whole group implements those cuts from july, but as you were mentioning, a lot of members were not in favour of that because if they cut down production, it s going to impact their oil revenues, which is going to impact their

Transcripts for BBCNEWS World Business Report 20240604 13:35:00

this. and part of that pitch is going to be that this. and part of that pitch is going to be that the - this. and part of that pitch is going to be that the uk - this. and part of that pitch is going to be that the uk can i this. and part of that pitch is i going to be that the uk can play this intermediary role between the united states and eu. it still has some economic relations with china. that really puts the uk in a unique position to be able to play to this kind of leadership role. mr sunak said that there is no firm or concrete plans here and as it s very much a meeting of throwing ideas on the wall and is finding out if there is some way in which we can come together and find some kind of overarching body that may be able to give direction and offer more clarity in terms of rules and guidance around ai.- clarity in terms of rules and guidance around ai. thank you. we will keep an guidance around ai. thank you. we will keep an eye guidance around ai. thank you. we will ke

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