OPEC+ Extend Production Cuts | Horizons Middle East & Africa 06/03/2024

OPEC+ ministers met in Riyadh on Sunday and agreed to extend production cuts. But they also laid out a 12-month timeline to bring some barrels back online. And Saudi Aramco’s latest $12 billion stock offering sold out with hours of the deal opening. Also on the show: South Africa’s ANC falls short of a parliamentary majority in the national elections, and will now start negotiations on forming a coalition government. Plus airline leaders meet in Dubai for the IATA AGM.

00:00 Introduction
02:24 OPEC+ extend cuts but lays out plan to bring barrels back
08:07 Israel pushes back against a Gaza cease-fire outlined by Biden
08:20 Kim Ghattas, author of "Black Wave"
19:20Carole Nakhle, Crystol Energy CEO
27:13 Saudi Aramco’s $12 Billion Stock offer sells out in hours
31:13 Sheinbaum landslide in Mexico
31:53 South Africa’s ANC courts rivals
35:25 India Exit Polls Show Landslide Modi Win
35:52 Sushant Singh, Yale Lecturer
40:24 Antonaoaldo Neves, Etihad Airways CEO
45:45 Tim Clark, Emirates Airlines President

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Anchored by Joumanna Bercetche live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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