Now playing Next Markets Markets' week ahead: Lagarde speech and OPEC+ meeting in focus European stocks started the week on a slightly gloomy note as investors looked forward to key economic data and speeches. 27/11/2023
Now playing Next The Big Question Clean energy is 'unstoppable' but are climate goals still in reach? Are climate goals still reachable? The executive director of the International Energy Agency speaks to Euronews Business' Angela Barnes about whether the transition to net-zero by 2050 is really possible. 20/11/2023
Now playing Next Markets How a dark fleet of ships is helping Russia evade oil sanctions A dark fleet, untraceable operators, and discounts helped Russian oil trade flow despite Western sanctions in the last 18 months. 16/11/2023
Now playing Next Economy US CPI inflation data: Why does it matter? US inflation in October fell below market expectations causing stocks and bonds to rally whilst the dollar and US Treasury yields weakened. 14/11/2023
Now playing Next Markets Week ahead: Dubai Airshow kicks off, aerospace stocks rejoice The Dubai Airshow launched on Monday, with investors anticipating billions of dollars worth of new orders, pulling up aerospace stocks. 13/11/2023
Now playing Next Markets Oil prices drop on poor economic data from China Crude oil prices have dropped to their lowest since late July, on the back of weak economic data from China and slowing global demand. 08/11/2023
Now playing Next Markets Uncertainty in Europe as oil prices keep climbing Oil prices have climbed further after they hit a ten-month record on Thursday and gas prices are also inching towards their highest level of the year. 15/09/2023
Now playing Next Gabon Mutinous soldiers in Gabon announce new military leader Mutinous soldiers in Gabon announced on Wednesday that the head of the country’s elite republican guard would lead the Central African country, hours after saying they had placed the country’s newly re-elected president under house arrest. 30/08/2023
Now playing Next Austria OPEC members meet in Vienna to help stabilise world oil prices Members of the oil producers group OPEC have met in Vienna to discuss future production of energy but reject pressure to invest less in fossil fuels 07/07/2023
Now playing Next world news Poverty, climate, stability on agenda as Saudi prince visits France Saudi Crown Prince Mohammed bin Salman met Friday with French President Emmanuel Macron in Paris as part of an official visit, during which he will also participate in a global financing summit aimed at fighting poverty and climate change. 16/06/2023
Now playing Next Austria Saudi Arabia cuts production to boost oil prices Saudi Arabia, an OPEC heavyweight, decided on Sunday to make a further cut in production in the hope of boosting slumping oil prices, against an economic backdrop overshadowed by the war in Ukraine. 04/06/2023
Now playing Next Austria OPEC+: Riyadh to reduce oil output, others to extend previous cuts In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed to maintain previous production cuts through 2024, while Saudi Arabia cuts output by 1 million barrels per day. 04/06/2023
Now playing Next Austria OPEC+ members meet in Vienna to discuss oil production strategy The OPEC+ countries discuss their current production strategy in Vienna. New oil production cuts could result from the meeting as signs of discord between top crude oil producers Saudi Arabia and Russia set the tone of the talks. 03/06/2023
Now playing Next world news OPEC cuts could boost oil prices in Moscow's favour The cuts in oil output have immediately pushed prices higher and are expected to boost gas prices, adding to strains in many countries where high fuel prices are a heavy burden. 03/04/2023
Now playing Next Iraq Taking stock two decades after the American-led invasion of Iraq Faced with widespread youth unemployment and political instability, young Iraqis scarred by two decades of conflict look to the future. 20/03/2023
Now playing Next world news Euroviews. US-China balloon brawl shows the EU needs to boost its clout in Asia The US and EU must not forget that the strongest weapon in their arsenal is their economic might. You can fight balloons with dollars and euros, Oliver Rolofs argues. 15/02/2023
Now playing Next world news OPEC sticks to policy of reducing oil output The Group often acts to change the supply and demand of oil, in order to control market prices and ensure high revenues for its members. But it says it's ready to meet at any time to “address market developments if necessary.” 05/12/2022