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the price of oil on international markets is not high enough for them. oil and energy leaders are gathering again today in vienna for the latest opec summit. the biggest and most powerful player saudi arabia started this week with the news it s extending its voluntary output cut of1 million barrels per day to august. russia is making a similar move. but these cuts are failing to boost energy prices. why? jonathan robinsonjoins me now to explain he is global power & energy research director at frost and sullivan. just talk us through our oil is at the moment. just talk us through our oil is at the moment. oil, despite the cuts in production, at the moment. oil, despite the cuts in production, oil at the moment. oil, despite the cuts in production, oil prices- cuts in production, oil prices have stayed relatively low in what we have seen historically in the past year, 1.5 years. there are a few specific reasons for that. chinese demand, industrial out would, incre ....
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 ha ....
That the United States is responsible of many deaths and i can say that the United States and britain is responsible one hundred percent of all civilians killed in yemen because thanks to the fueling jet thanks to the drone. Footage and. G. B. C. Code in it and laser target on all the smart bomb the saudis will not be able to target areas across yemen so they are responsible hundred percent and we remember on the twenty sixth of march in two thousand and fifteen the saudi war in yemen was not declared from riyadh or United Arab Emirates or any other country that and that overshot the in the coalition it was declared from washington d. C. By the saudi ambassador then who is the foreign minister of the saudi just imagine that first of all its declared from another country against a third country and to show you the tot ....
A symbol if you want to help yemeni people stop supporting the saudi just just like that we do need your aid we do need your help we never needed this aid for the war but they have a blockade in yemen they destroy all human infrastructure they have targeted the home the saudi that coalition in a joke region north yemen killing an entire family of seven and this is not the only the first family that has been killed they have killed i mean like hundreds of family they are always as is mentioned the double tap strike that the u. S. Used to use this tactic and iraq as they say our cultural ties the arm of the world and afghanistan targeting al qaida but the. Saudi alleged coalition is using this against civilians targets against the home they target civilians that they targeted riskier than they target journalists if you have a home has been destroyed by a strike the first people who are going to go there their neighbors journalists and they do that and i think this is the kind of training ....