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so let s get started, and we begin with the latest meeting of the world s major oil producing nations - 0pec+. world leaders, including president biden and the uk prime minister, are hoping the group will agree to pump more oil and ease energy prices that is fuelling inflation. in a bid to increase pressure, joe biden is headed to saudi arabia next month for meetings. but so far the signs are the oil producers group, which includes russia, is unwilling to budge. opec nations produce around 30% of the world s crude oil, about 28 million barrels a day. let s talk this through with spencer welch oil analyst with s&p global. good morning to you. in the last month they had agreed to increase production a teeny tiny bit. but what is their argument for not increasing it more now? more now? good morning, actually more now? good morning, actually they more now? good morning, actually they have - more now? good morning, actually they have been - actually they have been increasin

Business headlinesOil productionAround the worldPressure increasesBbc newsMulti millionaireOn ukJoe bidenThe world s major oil producing nations 0pecWorld leadersEnergy pricesSaudi arabiaPrime ministerOil producers groupCrude oilS p global