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OPEC declines to set oil output target

The member countries of the OPEC cartel have declined to set a target for oil production. We hear from the OPEC meeting in Vienna and analyse reaction in the energy markets.

The member countries of the OPEC cartel have declined to set a target for oil production. We hear from the OPEC meeting in Vienna and get analysis of reaction in the energy markets.

The online taxi hailing firm Uber has attracted a new shareholder from the Middle East. We hear why the Government of Saudi Arabia is investing $3.5 billion into the taxi operator, from Reem Assad, an economic commentator in the Saudi city of Jeddah.

Heads of most of the world's big airlines are wrapping up their annual meeting in Dublin. IATA has predicted the world's airlines will enjoy better profits than expected thanks to the big fall in oil prices driving the cost of jet fuel down. We get a report from Ireland on the issues aired at the event and the environmental campaigner George Monbiot explains how the aviation sector is under pressure to reduce carbon emissions.

The first ever plastic currency bill from the Bank of England has been unveiled. The UK has issued plastic banknotes in Northern Ireland before and they are in use in other countries, but this is a first for the British central bank. We hear from shoppers in London what they make of having to use a new banknote that is not made of paper.

(Picture: Offshore oil rig in Nigeria. Copyright: Getty Images.)

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27 minutes

Last on

Thu 2 Jun 2016 22:32GMT

Broadcast

  • Thu 2 Jun 2016 22:32GMT