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Transcripts For BBCNEWS Verified 20240703

Will be talking about oil prices today. They have reached their highest level in almost a year, approaching 95 a barrel for the First Time Since august 2022. Production cuts by russia and saudi arabia are partly to blame. And reserves at an important Storage Facility in the us hit their lowest levels in july last year. Facility in the us hit their lowest levels injuly last year. The price of oil is a factor in the rise in inflation which has been a driving of the cost of living crisis Around The World and the price could go above 100 a barrel again soon. I asked and above 100 a barrel again soon. I asked an ,. Above 100 a barrel again soon. I asked an ~. ,. , above 100 a barrel again soon. I asked an. . ,. Above 100 a barrel again soon. I asked an . ,. Asked and saudi arabia were so much ca aci asked and saudi arabia were so much capacity could asked and saudi arabia were so much capacity could loosen asked and saudi arabia were so much capacity could loosen its asked and saudi arabia

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