OPEC’s main output minimize could also be a lifeline for US shale, which is struggling underneath the load of the brand new pandemic world order. ...
International costs for crude had been pushed to new multi-month highs because the current bounce by the US greenback appeared to lose its steam, rising the attraction of commodities priced within the forex. ...
Saudi Arabia’s pledges of voluntary output cuts and the sooner decline in US oil inventories have continued to spice up vitality markets, bringing crude costs to the best ranges since February 2020. ...
Members of the Group of Petroleum Exporting Nations (OPEC) and their allies led by Russia, often known as OPEC+, might additional maintain again oil provides amid considerations over demand. ...
Pandemic cuts international overseas direct funding in half – UN report
Posted On Tuesday, October 27, 2020 By Russian Opinion. Under Economy Tags: cuts, direct, foreign, Global, half, investment, pandemic, Report:
A United Nations commerce report issued on Tuesday says that overseas direct funding (FDI) has plunged by 49 p.c world wide within the first half of 2020 from the identical interval a 12 months in the past. ...
OPEC+ crude manufacturing cuts may very well be prolonged – Putin
Posted On Saturday, October 24, 2020 By Russian Opinion. Under Economy Tags: could, crude, cuts, extended, OPEC, production, Putin
Russia doesn't rule out the likelihood that OPEC+ may lengthen its present 7.7 million barrels per day of manufacturing cuts into subsequent 12 months, in accordance with Russian President Vladimir Putin. ...
Struggling Lufthansa to slash MORE jobs on high of beforehand introduced 22,000 cuts
Posted On Monday, September 21, 2020 By Russian Opinion. Under Economy Tags: 22000, announced, cuts, Jobs, Lufthansa, More, previously, slash, struggling
German flagship provider Lufthansa introduced on Monday that it'll lower extra jobs amid projections of a bleak future for the worldwide airline trade within the wake of the Covid-19 disaster. ...
OPEC+ complied 101% with oil manufacturing cuts in August
Posted On Wednesday, September 16, 2020 By Russian Opinion. Under Economy Tags: 101%, August, complied, cuts, OPEC, production
The OPEC+ coalition noticed its total compliance price with the manufacturing cuts at round 101 p.c in August, three sources within the group instructed Reuters. ...
US oil main Exxon Mobil signaled it could downsize its workers worldwide after providing voluntary redundancies amongst its Australian workforce to mitigate the aftermath of the coronavirus disaster. ...
Tuesday on Fox Information Channel’s “Fox & Mates,” host Brian Kilmeade lower away from former Democratic Nationwide Committee chair Donna Brazile, additionally a community contributor, after she derailed a section with conservative commentator Tammy Bruce. Whereas commenting on the primary evening of the Republican Nationwide Conference, Bruce mentioned, “No Democratic ...
