Effectively been steering opec policy in consultation with russia russia is not an opec member but is attending the meeting as part of the opec plus alliance or winds oil minister hinted at some of the growing tensions around the cartels de facto Decision Making methods mr big john zangana a warned of what he called the problem of unilateral a zation and more gravely said opec quote has lost its authority and is on the verge of collapse. Oil prices are up as opec and its allies agree to extend supply cuts to at least the end of this year what could have been a hurdle in the decision on iran agreed to the production deal but the country has voiced concern over the current dynamics within opec alex mailed its joins us in to watch alex 1st of all tell us about this opec decision what do we need to know. Also a lot of what you mentioned is true when it comes to Decision Making here we look at saudi arabia as well as russia making the decisions now that the decision was backed by iraq and a
A lot of what you mentioned is true when it comes to Decision Making here we look at saudi arabia as well as russia making the decisions now that the decision was backed by iraq and also as you just mentioned iran and they put their 0. 02 and they said you know were going to back this even if were not friends with saudi arabia this is something that we could definitely go for for the next 9 months or so busy and its just an extension of something thats been going on since 2017 we know that these cuts have been in place for quite a while now the prices Oil Prices Going up this actually gave a bit of a boost oil prices but not for long because theres other factors that are in play right now including the fact that the u. S. Is producing more oil than ever so it is theyre pumping it out more than anybody else and theyre not a part of opec as well as the fact that we still have that trade dispute going on between china and the u. S. Which of course production is down so people are using oi
Gone for the Aerospace Giant as the problems continue to pile up molly barrows of americas lawyer standing by to take us through the turbulent by the air giant at a packed show today so lets go and dive right in. An opec plus deal before the opec meeting brings leads our global report today as russia and saudi arabia announce an agreement to extend oil supply in cuts russian president Vladimir Putin and Saudi Crown Prince mohammed bin solemn on meeting at the g. 20 summit in osaka japan announced the agreement to support an extension of previously agreed production pullbacks mr putin indicated that the length of the extension could be 6 or 9 months seeming to leave that important detail to be resolved at the meeting of the organ in the organization of Petroleum Exporting countries which formally begins on monday in vienna opec member saudi arabia has effectively been steering opec policy in consultation with russia russia is not an opec member. But is attending the meeting as part of t
We can see that the amount of investment from the nongovernmental sector is actually 26. In fact, the average investment per child in this recent oic report is 120 dollars, which is equivalent to 500 million tomans. Khaleghi nejad, see, you are pointing now that deprived or poor children became poorer, if this was not the case in the field of Welfare Organization in the 80s. In the late 1980s, rural kindergartens , i would like to offer your service to the group of kindergartens. At that time , until the last statistics, we had more than 7 thousand Rural Centers in the welfare of a hot meal plan. It was implemented in rural areas. You can get the report from the ministry of health. These works, especially in rural areas , received welfare from the organization, but what happened now, 4 years ago. You see, the 99 period of corona came right after corona or the postcorona period of centers like villages behda, like the City Hospitals that belong to the welfare state, come to the transiti
Reporting before the bell tomorrow, all facing very different headwinds. Speaking of headwinds, dom chu has the numbers. I think i am a headwind sometimes for these markets. But we started off with a solidly positive day, and now you can see were mixed at best. Ill start with the largest cap kind of broader s p 500, which sits at 4354, down about three points. Thats not much, considering the fact that we were up 19 points at one point during the highs of the decision. And then down nine towards the low. So were tilting towards that lower end of the trading range so far today. The dow down about 0. 1 of 1 . And the nasdaq still in the green, by only a quarter of 1 , 13,591. One key area of focus is oil and gas. The middle east war between israel and hamas and now hezbollah perhaps creating some waves in lebanon is starting to put a bid to oil prices. Theyre pulling back just a little bit in trading so far today. You can see some of the crude futures down about 1 right there. The Energy