Opec and oil-producing allies are at a new impasse. But what does it mean and why is it happening?
To unpack a historic convergence of market dynamics, The National's energy correspondent Jennifer Gnana joins co-hosts Mustafa Alrawi and Kelsey Warner.
They explain Opec's current role in the energy industry, why US oil and Brent, the international oil benchmark under which two thirds of the world's crude trades, reached seven and three-year highs. Also discussed: why balancing the energy market is key to economic recovery from the pandemic and the increasing role the net-zero agenda is playing on oil producers' long-term strategy.
Read more
US oil rallies to 7-year high amid Opec deadlock
Opinion: Flexibility is the only way out of the Opec+ impasse
Explainer: What is Opec?
In this episode
Opec and rising oil demand (0m 58s)
Why oil prices determine market stability (5m 13s)
Opec's role in the global energy landscape (9m 44s)
UAE strategy (16m 10s)
More on animal trafficking
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if you go
The flights
Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com
Seeing the games
Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com
Staying there
Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Dunki
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THE TWIN BIO
Their favourite city: Dubai
Their favourite food: Khaleeji
Their favourite past-time : walking on the beach
Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll
Why seagrass matters
- Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
- Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
- Biodiversity: Support species like sea turtles, dugongs, and seabirds
- Coastal protection: Reduce erosion and improve water quality
Red Joan
Director: Trevor Nunn
Starring: Judi Dench, Sophie Cookson, Tereza Srbova
Rating: 3/5 stars
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
