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Transcripts For BBCNEWS Business Briefing 20240713

We start in the austrian capital, vienna, where a deal is being been done that will affect how much we pay for fuel next year. 0il ministers from the organization of Petroleum Exporting countries or opec for short and their allies, including russia, have been meeting to try and prop up the price of crude. Lets show you why. Back in 2017, they agreed to cut oil supplies to boost flagging prices. As you can see, until the end of last year it was working very well. But as prices rose, it encouraged Shale Oil Producers in the us to invest heavily, meaning american production is now at a record high. That meant too much oil. Prices coming down again and financial problems for countries who rely on oil exports. So, they are planning to cut production further, by another 500,000 barrels per day. If the deal is signed off, that would mean total production cuts of 1. 7
Milton Keynes , United Kingdom , United States , Saudi Arabia , Coletta Smith , Rudy Giuliani , Simon Watkins , Andrew Neil , Harley Watson , Thomas Cook , Terence Glover , Organization Petroleum Exporting Countries , Petroleum Exporting , Petroleum Exporting Countries , Petroleum Exporting Countries Opec , Oil Supplies , Shale Oil , Shale Oil Producers , Oil Producers , Million Barrels , Roger Diwan , Oil Giant , Saudi Aramco , Ta Ke , Leadership Meeting , Oil Analyst ,

Growing Demand to Increase Upstream Oil & Gas Investment Needs 22% by 2030 | Hellenic Shipping News Worldwide

Growing Demand to Increase Upstream Oil & Gas Investment Needs 22% by 2030 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

United States , Roger Diwan , Joseph Mcmonigle , Allyson Cutright , Karim Fawaz , Energy Advisory Service , Senior Energy Market Analyst , International Energy Forum , Gas Investment , Secretary General , Latin America , International Energy ,

Could The Rising Price Of Gas Cost Biden The Presidency? – OpEd

Could The Rising Price Of Gas Cost Biden The Presidency? – OpEd
eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.

New York , United States , White House , District Of Columbia , Roger Diwan , Amal Mudallali , Donald Trump , August Pfluger , Jennifer Granholm , Amos Hochstein , Karine Jean Pierre , Randa Fahmy , Joe Biden , Clearview Energy Partners , Biden Harris Administration , Strategic Petroleum , Memorial Day , President Joe Biden , February Moody , President Biden , House Press Secretary Karine Jean Pierre , Northeast Gasoline Supply Reserve , Strategic Petroleum Reserve , Secretary Jennifer Granholm , West Coast , Political Psychology ,

Opec's gamble: Can the global economy cope with higher oil prices?

Financial Times: Led by a confident Saudi Arabia, the cartel wants to boost its revenues. ....

United States , White House , District Of Columbia , Ar Riya , Saudi Arabia , Red Sea , Djibouti General , Adi Imsirovic , Helima Croft , Amy Myers Jaffe , Greg Priddy , Joe Biden , Raad Alkadiri , Roger Diwan , Pierre Andurand , Donald Trump , York University , Strategic Petroleum , International Energy Agency , Oxford Institute For Energy Studies , Eurasia Group , Eurasia Group Alkadiri , Energy Aspects , Spout Run Advisory , Oxford Institute , Energy Studies ,

OPEC's gamble: can the global economy cope with higher oil prices?

Led by a confident Saudi Arabia, the cartel wants to boost its revenues. But persistent inflation could result in weaker demand. ....

United States , Saudi Arabia , Ar Riya , White House , District Of Columbia , Red Sea , Djibouti General , Joe Biden , Pierre Andurand , Amy Myers Jaffe , Helima Croft , Raad Alkadiri , Adi Imsirovic , Greg Priddy , Roger Diwan , York University , International Energy Agency , Oxford Institute For Energy Studies , Strategic Petroleum , Eurasia Group Alkadiri , Energy Aspects , Eurasia Group , Spout Run Advisory , Oxford Institute , Energy Studies , Crown Prince ,