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BBCNEWS World Business Report July 6, 2024

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 ....

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BBCNEWS World Business Report June 4, 2024 04:48:00

Motorola on third april 1973 on the street, new york he made the street, new york he made the first public mobile phone call, to a competitor at a rival company. i call, to a competitor at a rival company. call, to a competitor at a rival company. i was on fifth ave demonstrating - rival company. i was on fifth ave demonstrating this - ave demonstrating this cellphone, i took out my phone book, that gives you an idea of what primitive times these were and i called my counterpart in the bell phone system building. i dialled his number and amazingly he answered and i said joel i m calling to your ceuphone said joel i m calling to your cellphone from a real phone booth, a personal hand held portable phone booth, silence of the other end i think he was gritting his teeth. bell of the other end i think he was gritting his teeth. gritting his teeth. bell had been focusing gritting his teeth. bell had been focusing on - gritting his teeth. bell had l been focusing on developing gritting h ....

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