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Saudi Arabia cuts oil output

Oil prices rise after Saudi Arabia said it would make cuts of a million barrels per day in July.

Other Opec+ members also cut production in an attempt to shore up prices.

The country is the only member of the group of oil-producing countries, OPEC+, that will reduce output to boost prices. Will it work?

Also in the programme, we look into India's railway system after the collision of three trains left 275 dead.

And we hear the latest from the largest international meeting of the African private sector, which is taking place in Ivory Coast.

(Picture: Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud arrives for an OPEC meeting in Vienna, Austria, June 4, 2023. Picture credit: Reuters)

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27 minutes

Broadcast

  • Mon 5 Jun 2023 14:32GMT