oil supplies look to tighten from next month, after saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. well, oil prices are currently trading higher, after the move by 0pec+. this is the second time the cartel slashed productions. the group last did so in october, cutting output by two million barrels per day. jonathan robinson is global power & energy research director at frost and sullivan. this move by saudi was something of a surprise. the us publicly ruled out new crude purchases to replenish its own strategic stockpile. how much of a collision course does it put ridadh on with america? it is interesting because russia had cut its production separately in march so it suggests a bit of co ordination between russia and saudi arabia and clearly they want to put a floor under the price of oil and see it recovering to the side of $90 a barrel, where it has been
finland s conservative leader petteri orpo wins a nail biting three way election race, defeating prime minister sanna marin. hello and welcome. i m ben thompson. russia s investigators have detained a 26 year old woman, darya trepova, in connection with the murder of the pro war blogger vladen tatarsky, who was killed by a bomb in st petersburg on sunday. media reports said the explosion occurred shortly after he had been given a statuette by a woman at an event in a cafe. russia s security service has accused ukraine of being behind the blast, but ukrainian officials have denied this. a short time ago russia s anti terrorism committee said it believes the attack was planned by ukrainian secret services, jointly with people cooperating with jailed opposition leader alexei navalny s anti corru ption foundation. our correspondent will vernon in moscow has more. i m just seeing a short statement that has come in from the russian investigative committee, which is russia s versi
fell overnight in the united states. you can see the dow and the s&p 500 closing a little higher. in part thanks to the energy sector index which search. production will be cut by i% globally next month when my colleague has more. by 1% globally next month when my colleague has more.- my colleague has more. many anal sts my colleague has more. many analysts believe my colleague has more. many analysts believe that - my colleague has more. many analysts believe that the - my colleague has more. many analysts believe that the cars | analysts believe that the cars coalition really want to keep the price of oil above 8 cents a barrel hovering around 90 cents per barrel. the price of oil has wide ranging imprecations. it would make producing goods more expensive for companies and if priors to stay higherfor a while it would have an impact on the price of gasoline and as many countries are around the world fight inflation, this move by 0pec could make the back for more difficult
former president donald trump has to new york to face criminal charges, plus a top pro war military blogger killed in moscow will have a live report and later to women arrested in iran for not wearing a hijab, their attack, going viral and sparking condemnation. from cnn center. this is cnn newsroom with laila harre. we begin here in the united states in the coming hours, former u. s president donald trump will head to new york for a moment we ve never seen before. sources tell cnn. he is expected to appear in court tuesday afternoon. his legal team says trump will voluntarily surrender but plans to file substantial legal challenges. meanwhile trump has been lashing out at the judge who will preside over his hearings claiming that quote he hates me. the former president has also attacked manhattan district attorney alvin bragg for the indictment after his arraignment. mr trump plans to deliver remarks tuesday night. cnn s cnn s katelyn polantz has more. donald trump is still