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OPEC+ agrees to increase oil production, add to global market
Jun 2, 2022

OPEC+ agrees to increase oil production, add to global market

The group of oil producing nations known as OPEC+ have reportedly agreed to supply more oil to the global market than previously expected. This would be to make up for at least some of the Russian oil embargoed by Western sanctions. There are hints that the record labor shortage could be starting to let up. We check in with the BBC's Victoria Craig as Britain enters its four-day celebration of Queen Elizabeth II and her 70th year on the throne.

Segments From this episode

Could the tight labor market finally ease?

Jun 2, 2022
A slowing economy could help bring worker supply and demand back into balance.
Those who are sitting out of the job market may be forced back in when they feel the pinch of inflation.
Justin Sullivan/Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Jesson Duller Media Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer/Director