21 September 2021
UAE: ADNOC is in an excellent position to keep abreast of market changes and developments
Price war escalation continues. This time from the UAE. Abu Dhabi's Adnoc will boost crude supply to more than 4mbd. Perspective- that is more than 1mbd they pumped in February
1 year ago
The U.K. economy failed to grow in January, adding to the case for the Bank of England's emergency rate cut Wednesday
ECB President Christine Lagarde warns Europe risks a major economic shock similar to the financial crisis without urgent action on coronavirus
Saudi Aramco says the government has ordered it to boost its maximum sustainable production capacity to 13 million barrels per day (from currently 12 million barrels per day). More shock-and-awe (and a pretty expensive awe too)
1 year ago
Russian stock exchange down more than 10% on opening
The SDF restarted the flow of energy products through the Manbij crossing to Turkish-controlled areas and Idlib.
Oil prices have plunged 30% to around $31 a barrel - its lowest price since 1991. Dow futures plunged more than 1,000 points
Lebanon: Debt restructuring negotiations begin in about two weeks
Saudi Arabia is launching the oil market equivalent of a declaration of war: plan for a big production hike, and offering discount for its crude
Egyptian Foreign Ministry: The Ethiopian Foreign Ministry statement regarding the Renaissance Dam lacks fitness and diplomacy and involves an unacceptable insult to the League of Arab States
Lebanese Prime Minister: We will restructure the debt in accordance with the national interest through fair negotiation with all creditors
Lebanese government voted unanimously to refrain from paying sovereign debt dues
Employers added 273,000 jobs to the U.S. economy for the month of February; unemployment rate at 3.5%
Greta Thunberg takes part in latest school strike for the climate in Brussels
1 year ago
The continuation of OPEC discussions in Vienna on deepening the reduction of oil production by 1.5 million barrels per day
Global central banks have no room to fight the crisis caused by the coronavirus outbreak, according to Deutsche Bank AG. "Policy failure is here," George Saravelos, the bank's global head of currency research, wrote in a note.
Oil falls more than 4% as Russia defies OPEC's call for output cuts1 year ago
Oil falls more than 4% as Russia defies OPEC's call for output cuts
Economic fallout continues from a protracted blockade of Libya's vital oil fields and ports, with losses close to $2.708 billion, the national oil corporation announced, intensifying the pressure on the UN-supported government in Tripoli
1 year ago
Novak is now meeting with Azerbaijan's energy minister ahead of the OPEC plus meeting
Ethiopia: We stress our right to use the Nile water resources to meet our needs
The Ethiopian Foreign Ministry announces its rejection of the Arab League decision regarding the Renaissance Dam
10-year Treasury yield drops below 0.8%
Oil in London has collapsed below $50 a barrel1 year ago
Oil in London has collapsed below $50 a barrel
US asks Serbia to stop buying arms from Russia, RFE reports
Judicial source: The Lebanese Attorney General suspends an order to freeze the assets of 20 banks
1 year ago
The future of the Western alliance, liberal values, and multilateralism in today's geopolitical landscape: We look back at timely debates and exceptional moments of MSC2020. Westlessness @EsperDoD @climatemorgan @EmmanuelMacron @vonderleyen
1 year ago
Belarus sees no reason to work on roadmaps for integration with Russia until issues with oil supplies are resolved: Foreign Minister
Lebanon Cabinet to decide on payment of $1.2 billion Eurobond Saturday: Information Minister
1 year ago
Saudis, Gulf Mull 600,000 B/D Cuts in Addition to OPEC Deal, Sources Say
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