because oil producing countries agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia said it would make cuts of1 million barrels a day injuly and 0pec+ said targets would drop by 1.4 million barrels per day from 202a. 0pec+ accounts for a1% of crude oil and let s get more for our middle east correspondent. it was widely expected before the meeting started on the weekend that 0pec+ would reduce oil production because it is hovering around $75 a barrel. there are concerns it could fall further with global economy struggling and demand wiggling. saudi arabia and some countries were really keen that the oil group goes ahead and makes another cut as a group but most countries were against that idea because any would cut the oil revenue crucial for their economies. saudi arabia was the only one who could make the cut and be able to manage its budget. why is saudi arabia keen to make these cuts? if you look at oil prices as
agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia working so far. saudi said prices which seems to be working so far. saudi said it would make cuts of1 million barrels a day and targets would drop by 1.4 million barrels per day from 2024. 0pec+ accounts for crude oil and let s get more for our middle east correspondent. it more for our middle east correspondent. more for our middle east correspondent. it was widely exected correspondent. it was widely expected before correspondent. it was widely expected before the - correspondent. it was widely| expected before the meeting started that 0pec+ would reduce oil production because it is hovering around $75 a barrel. there are concerns it could fall further with global economy struggling and demand wiggling. saudi arabia and some countries were really keen that the oil group goes ahead and makes another cut as a group but many countries were against that because ma
from outside europe. the british public will be invited to swear allegiance to king charles during his coronation on saturday. the mainly christian service will also see religious leaders from otherfaiths play a part for the first time. hello and welcome to sportsday i m jane dougall. haaland hits 50 as manchester city go top of the premier league for the first time since february. a first half header from jota settles the old firm at hampden park, as celtic go through to the scottish cup final. and sergio perez beats his teammate to take the chequered flag in azerbaijan. also coming up on sportsday. it s advantage luca brecel after the opening session of the world snooker final we ll bring you all the details. welcome to the programme. we will also bring you a very exciting and intense liverpool match. an exciting day in the premier league and we start with some big news as manchester city s race for the title intensifies. they have leap frogged arsenal to go top of the