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Now playing Next world news OPEC, oil nations agree to unprecedented production deal to cut output Oil-producing nations on Sunday finalised an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic. 12/04/2020
Now playing Next Australia 'Win for nature': Plans to drill in Great Australian Bight abandoned Green groups are celebrating oil company Equinor's decision to abandon its drilling plans in the biodiverse Great Australian Bight 25/02/2020
Now playing Next Belarus Russia resumes limited oil supplies to Belarus amid stalled talks Russia and Belarus have reached an agreement for limited oil supplies following the decision from Moscow earlier this week to stop providing crude oil. 04/01/2020
Now playing Next Iran Iran’s Khamenei defends fuel price rises amid protests Khamenei told state television that the government is raising petrol prices in order to provide additional subsidies to low income families. 17/11/2019
Now playing Next The Cube Why Iraqis are on the streets after 'years of anger and frustration' Prime Minister Mahdi says he will listen to the ''legitimate'' demands of protesters, but with many calling for his downfall, what is next for Iraq? 04/10/2019
Now playing Next USA US to send troops to Saudi Arabia after attacks on oil installations Drone strikes on key Saudi oil installations last Saturday have reduced the flow of the world's oil supplies by about five percent. 21/09/2019