Unified Opec Plus Group d are particularly after and also someone left the cartel. Now 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 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. Is this cut priced in then or are we likely to see a bit of impact on brent prices . We have already seen thejump in the immediate aftermath of this. There is already uncertainty as to how this plans out but a structurally bullish outlook for the rest of year where, if demand does recover, Particularjet Fuel and some emerging economies in the second half, sustained deficits on top of what was on already precarious with stocks and on geopolitics. But, if the market does end up being wea
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
currently we have got some rain pushing across the south east, clearing through this morning. behind it, a mixture of sunshine and showers, some of the showers heavy and thundery in northern and central scotland. another breezy day. details later. the parents of a young person at the heart of allegations against a bbc presenter are standing by their account, according the sun newspaper, after a lawyer representing the individual said their claims were rubbish. the newspaper first reported that the unnamed presenter had allegedly paid a teenager for sexually explicit photos last week. our correspondent charlotte gallagher has the latest. after days of damaging headlines, allegations and rumours, this story of a bbc presenter allegedly paying thousands for sexually explicit images is still dominating front pages. now a statement on behalf of the young person at the centre of this. they ve called the allegations, by their mother, rubbish. their lawyer says, nothing inappropriat