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
the headset as its biggest launch since it introduced the iphone. our north america business correspondent, michelle fleury explained why apple faced a tricky period. you and i have talked a lot over the last couple of years about supply chain issues and i think that s what we are talking about here. according to this report, the company that is going to be making these headsets for apple has had to scale back and it s only going to make a certain number of these headsets for next year, it s not going to be as much as apple would like. and again, from the little we understand, it simply is supply chain constraints. this is a very complicated headset, it s got things like very special lenses in them and that requires specific production techniques and again there are slowdowns there.
Asian spot liquefied natural gas (LNG) prices fell for the sixth straight week to their lowest level in more than two years, while European LNG prices also declined on weak demand and high inventories.
A shipment of US oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town, according to ship tracking data and a source.
Finnish energy provider Gasum has not been taking cargoes of liquefied natural gas (LNG) for about a month from the Russian Kryogaz-Vysotsk plant controlled by Novatek, Kommersant daily reported on Thursday, citing data from analytics group Kpler.