Takeaways from Joe Biden’s first trip to Middle East
OPEC+ decided last month to increase output targets by 648,000 barrels per day in August....
Tag : oil production
Gabon’s oil production cuts for 2021 is in line with Opec
Assala Energy is investing $24 million to modernise the oil giant’s Gamba export infrastructure...
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
Will falling oil prices drive global economy into a crisis?
An analysis by the Corporates & Markets division of Commerzbank AG February 8, 2016: If the oil price slumps, the stock prices plunge: Cheaper oil is clearly now regarded as negative, unlike in earlier times. We assess whether the economic correlations have really changed. Our analysis shows that a falling oil price is not always an...