something that the electorates will pay attention to? i something that the electorates will pay attention to? pay attention to? i thin they deafening pay attention to? i thin they deafening well. pay attention to? i thin they deafening well. i pay attention to? i thin they deafening well. i think - pay attention to? i thin they deafening well. i think mo l pay attention to? i thin they - deafening well. i think mo makes a good point about there being some reluctance in the us about supporting the war a new the one ukraine. i supporting the war a new the one ukraine. ~ , supporting the war a new the one ukraine. ~ , ., , ukraine. i think there is a bigger sense of urgency ukraine. i think there is a bigger sense of urgency to ukraine. i think there is a bigger sense of urgency to support - ukraine. i think there is a bigger- sense of urgency to support ukraine in the sense of urgency to support ukraine in the uk sense of urgency to support ukraine in the uk i sens
ukraine. as the attention of the world focuses more on the situation in the middle east, in gaza, the strike against the houthis yesterday. as attention of the world contain news to be focused there, ukraine is not getting the same amount of public support as it once was. the sense of emergency has dissipated. leadership in the west at once the standby ukraine needs to step up and and remind people why it is so important. the congress in the us has done an abysmaljob on this, holding it up political purposes heading into election year. i think this was incredibly symbolic from the prime and are said to remind the worst buys it so important. we heard from mo worst buys it so important. we heard from m0 talking worst buys it so important. we heard from mo talking about worst buys it so important. we heard from mo talking about congressional| from mo talking about congressional politics. what about domestic politics. what about domestic politics here in the uk? is this
market. as today s developments show us there was not a reaction today effectively prices went up by less than a dollar and most of it has fizzled out already. so really there is no actual reaction in the markets even though this is very significant. 1 million barrels per day, 10% of saudi arabian production, very sizeable. ghee day, 1096 of saudi arabian production, very sizeable. give me a sense of what production, very sizeable. give me a sense of what this production, very sizeable. give me a sense of what this equates - production, very sizeable. give me a sense of what this equates to. - production, very sizeable. give me a sense of what this equates to. i - sense of what this equates to. i said i.5% of global oil supplies and it doesn t sound like a lot but yet it doesn t sound like a lot but yet it has the power to raise prices. it absolutely should. again, it s really a sign of the times we live in because if it weren t happening in because if it weren t happening in 2023
the cuts mean global supplies will be reduced by around i.5%. joining me now is viktor katona, head of crude analysis at the commodity data analytics company kpler. talk to me if you will about the significance of these cuts. those announced by saudi arabia are not new, although we know they re trying to keep the price higher. to keep the price higher. indeed. the are to keep the price higher. indeed. they are not to keep the price higher. indeed. they are not new to keep the price higher. indeed. they are not new and to keep the price higher. indeed. they are not new and in - to keep the price higher. indeed. they are not new and in the - to keep the price higher. indeed. l they are not new and in the sense saudi arabia was forced to do this because the initial announcements to get i because the initial announcements to geti million barrels per day in july came after the opec plus meeting. it was the only real result of that meeting. if you compare prices in the beginning ofjune
are going through trauma, they are going through are going through trauma, they are going through loss, are going through trauma, they are going through loss, massive - are going through trauma, they are going through loss, massive series| going through loss, massive series of endings, going through loss, massive series ofehdihgs, hot going through loss, massive series of endings, not just going through loss, massive series of endings, not just the going through loss, massive series of endings, not just the ending - going through loss, massive series of endings, notjust the ending of. of endings, notjust the ending of the relationship, of endings, notjust the ending of the relationship, not of endings, notjust the ending of the relationship, notjust- of endings, notjust the ending of the relationship, not just the - the relationship, notjust the ending the relationship, notjust the ending of the relationship, notjust the ending of a the relationship, notjust the end