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World Business Report: First broadcast 2018/12/05 22:32 GMT: World's Biggest Oil Producers Discuss Output Cuts

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Takeda Shareholders Back $59bn Shire Takeover

First broadcast 2018/12/05 22:32 GMT

First broadcast 2018/12/05 22:32 GMT: World's Biggest Oil Producers Discuss Output Cuts

World's Biggest Oil Producers Discuss Output Cuts

BBC World Service - World Business Report, World's Biggest Oil Producers Discuss Output Cuts

Opec oil cartel will discuss reducing output to help shore up prices.

A meeting of the world’s biggest oil exporters will discuss cutting output to help shore up prices. Saudi Arabia and the rest of the Organisation of Petroleum Exporting Countries, Opec, are meeting in Vienna over the next few days along with Russia. Amrita Sen at Energy Aspects is in Vienna for the meeting. Also in the programme, CO2 emissions are expected to reach a record high this year. The BBC's Matt McGrath reports from the United Nations' annual climate change conference in Poland. We have a report from the Spanish port city of Barcelona about efforts to bring illegal immigrants out of the shadows. And, with global equity markets confused about the significance of last weekend's reported trade truce between the US and China, our regular economic commentator, US business journalist Diane Brady, tells us whether she thinks peace has really broken out. Plus, London based chef Shrimoyee Chakraborty tells us the extraordinary story of the centenarian Indian grandmother Mastanamma who became an unlikely star on YouTube for her cooking.

(Picture: An oil rig. Credit: Getty Images.)

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