Why oil curb is getting worse for Africa
Nigeria and Angola have agreed to cut oil production in line with Opec+ agreement with an impact on their GDPs...
Tag : oil output
Kuwait determined to implement oil accord to support crude prices
The country’s efforts stem from the need to reduce excess output which might result in falling prices...
Kuwait to recover from last year’s economic decline
This year, Kuwait is swiftly rising because of an increased government spend and a predicted upsurge in oil output...
OPEC meet maintains status quo
Oil output levels won’t change; members say market should influence price IFM Correspondent June 3, 2016: The price of oil rose slightly despite OPEC producers failing to come up with a solution to curb output at their meeting on Thursday. Brent crude on Thursday ended at $49.94 a barrel, 0.4% higher. The new oil minister...