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Has OPEC Lost Its Power?

OPEC: Can the cartel of oil producers still influence world oil prices? And is the falling oil price a sign of global economic weakness or a boon for the world economy?

OPEC: Can the cartel of oil producers still influence world oil prices? And is the falling oil price a sign of global economic weakness or a boon for the world economy? The BBC's economics correspondent Andrew Walker is in Vienna, at the OPEC meeting, and speaks to independent oil analyst Cornelia Meyer. Also, the BBC's Matthew Price reports from Luxembourg after the European Commission starts an investigation into whether the city-state is acting as a tax haven for some global companies. Plus, the BBC's Korea correspondent Steve Evans looks at how Seoul's plastic surgery industry is facing a backlash following a series of horror stories.

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18 minutes

Last on

Fri 28 Nov 201416:05GMT

Broadcasts

  • Fri 28 Nov 201408:32GMT
  • Fri 28 Nov 201416:05GMT

Podcast