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Transcripts For BBCNEWS World Business Report 20240708

Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting ....

Bbc News , The Cloud , Business Headlines , Around The World , Sally Bundock , Bit Fishy , Oil Cartel Opec , Oil Producers , Food Bills , Oil Production , Decision Making , Drone Attack , Fuel Tankers , Restricted Supply , Yemeni Houthi Rebels , United Arab Emirates , Hong Kong , 5 05 , 35 05 , Cornelia Meyer , Energy Analyst , 1 7 , Do Tell , Market Trajectory , 0pec Plus , Production Levels ,

Transcripts For BBCNEWS World Business Report 20240708

Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting ....

Bbc News , The Cloud , Business Headlines , Around The World , Sally Bundock , Bit Fishy , Oil Cartel Opec , Oil Producers , Food Bills , Oil Production , Decision Making , Drone Attack , Fuel Tankers , Restricted Supply , Yemeni Houthi Rebels , United Arab Emirates , Hong Kong , 5 05 , 35 05 , Cornelia Meyer , Energy Analyst , 1 7 , Do Tell , Market Trajectory , 0pec Plus , Production Levels ,

Transcripts For BBCNEWS World Business Report 20240708

Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting ....

Bbc News , The Cloud , Business Headlines , Around The World , Sally Bundock , Bit Fishy , Oil Cartel Opec , Oil Producers , Food Bills , Oil Production , Decision Making , Drone Attack , Fuel Tankers , Restricted Supply , Yemeni Houthi Rebels , United Arab Emirates , Hong Kong , 5 05 , 35 05 , Cornelia Meyer , Energy Analyst , 1 7 , Do Tell , Market Trajectory , 0pec Plus , Production Levels ,

Transcripts For BBCNEWS Business 20240703

The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as mo ....

Cost Of Living , Business Today , Suranjana Tewari , Interest Rates , Consumer Prices , 3 4 , 3 5 , Record Highs , Business Correspondent , Erin Delmore Reports , Wall Street , S P 500 , Consumer Price Index , Fed Chairjerome Powell , Inflation Figures , News Day , Trade Numbers , On Beijing , Bbc News , President Putin , Bird Flu , Dairy Farming Industry , Us Food And Drug Administration , Health Officials , State Borders , Megan Waters ,

Transcripts For BBCNEWS Business 20240703

And the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell has said a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, ....

Cost Of Living , Consumer Prices , Business Today , Suranjana Tewari , 3 4 , Interest Rates , 3 5 , Record Highs , Business Correspondent , Erin Delmore Reports , Wall Street , S P 500 , Fed Chairjerome Powell Has , Consumer Price Index , Inflation Figures , News Day , Trade Numbers , Barnaby Joyce , Dairy Farming Industry , Bird Flu , Us Food And Drug Administration , Health Officials , State Borders , Import Checks , Megan Waters , Policy Advisor ,