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World Business Report: First broadcast 06/03/2020 22:32 GMT: Crude oil prices down 10% after Opec deal collapses

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Crude oil prices down 10% after Opec deal collapses

First broadcast 06/03/2020 22:32 GMT

First broadcast 06/03/2020 22:32 GMT: Crude oil prices down 10% after Opec deal collapses

BBC World Service - World Business Report, Crude oil prices down 10% after Opec deal collapses

Major oil producers could not agree on a deal to cut output in order to steady prices.

As the oil producers' cartel Opec tries to agree a cut to stave off falling prices, Dr. Sara Vakhshouri, president of SVB Energy International in Washington, considers the implications.
We examine how the coronavirus outbreak is changing working habits around the world. James Green is a director at SAI Global, which employs 2,500 people helping clients to improve safety, health and security, and explains how they now have to practice what they have been preaching. The outbreak particularly impacts people working in the gig economy, such as taxi drivers, and Gurmit Singh who drives in New York tells us he has no choice but to take what work he can find, even though he feels he's putting himself at risk. We get wider context on the gig economy from Alana Samuels, who is senior economics correspondent at Time magazine. And crisis management specialist Simon Howson Green discusses how he's been helping two big-name clients prepare for a possible pandemic. 
Plus, ahead of this weekend's International Women's Day, we find out how opportunities for women on corporate boards are changing in India.

(Picture: A medic at the Opec conference. Picture credit: Getty Images.)

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First broadcast 06/03/2020 22:32 GMT: Crude oil prices down 10% after Opec deal collapses

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