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Transcripts For BBCNEWS Asia 20240704

Where there were questions over how unified opec could be are particularly after angola left the cartel. Now were seeing that there and it also a sign that 0pec are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half, allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. So is this cut priced in then, or are we likely to see a bit of impact on brent prices . We have obviously seen thejump in the immediate aftermath of this. There is already uncertainty as to how demand plans out but were seeing a structurally bullish outlook for the rest of year where, if demand does recover, particularly injet fuel and some emerging economies in the second half, sustained deficits on top of what was on already precarious with stocks and on geopolitic ....

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Transcripts For BBCNEWS Asia 20240704

Its also a sign that opec plus are really trying to a strong aid for pricing. What they have done is defence surplus which was otherwise in deficit. Allowing parts to be unwound and actually deficits to be suspected, keeping prices elevated. Suspected, keeping prices elevated suspected, keeping prices elevated. ~ , elevated. Are we likely to see a bit of an elevated. Are we likely to see a bit of an impact elevated. Are we likely to see a bit of an impact on elevated. Are we likely to see a bit of an impact on britain i a bit of an impact on britain prices . A bit of an impact on Britain Rices . ~ ,. ~ prices . Weve seen them market um , prices . Weve seen them market um, but prices . Weve seen them market jump. But this prices . Weve seen them market jump. But this is prices . Weve seen them market jump, but this is a jump, but this is a structurally out. If demand doesnt recover, were looking at sustained deficits what is a pre ....

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Transcripts For BBCNEWS BBC 20240704

Scientists say our oceans have hit their hottest recorded temperature largely because of Climate Change, with alarming implications for the planet. This week the average daily global Sea Surface Temperature hit almost 21 degrees celsius. Thats far above the average for the time of year and it beats the previous record set in 2016. The oceans are a vital regulator of the earths climate. Heres our climate editor, justin rowlatt. Theyve been taking measurements of Ocean Temperatures here in plymouth for more than a century. And for the last 50 or so years, theyve shown a slow but steady increase up about a third of a degree a decade. Have we got a reading for today yet, do you know . I heard them Say Something around 18 or 19, which is four
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Transcripts For BBCNEWS Asia 20240704

Were seeing that there and it also a sign that opec plus are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really build a fence, so plus and keep the Marketing Deficit with a view for demand and return must more ad much more strongly in the second half allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. I5 that curve, keeping prices elevated that curve, keeping prices elevated. ,. ,. Elevated. Is this cutprice dim then or are elevated. Is this cutprice dim then or are we elevated. Is this cutprice dim then or are we likely elevated. Is this cutprice dim then or are we likely to elevated. Is this cutprice dim then or are we likely to see i elevated. Is this cutprice dim then or are we likely to see a l then or are we likely to see a bit of impact on britain prices . We have already seen the jump ....

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Transcripts For BBCNEWS BBC 20240704

And it has just reached a new peak 20. 96 degrees celsius, the highest Global Average sea temperature ever recorded. The worlds warming waters are a dangerous trend, say experts. Peoples perspective is that the ocean is so big, so vast, that it can buffer anything that humanity can throw at it. And the reality is thats not the case. Everything has its niche within the ocean, and its incredibly easy to break that niche and influence it and upset it. Take plankton. These tiny plants and animals are crucial to life on the planet. Theyre the basis of the entire Marine Food Chain and produce half the oxygen in our atmosphere. So, every other breath you take. And they are sensitive to heat. Many species have been migrating north as the worlds oceans warm. Personally, im really concerned. The heatwaves that were experiencing on land and the
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