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OPEC+ Yet to Make Progress in Resolving Impasse

2021-07-12 15:28:31| OGI

OPEC+ has yet to make progress closing divisions between Saudi Arabia and the United Arab Emirates that last week prevented a deal to raise oil output, making another policy meeting this week less likely, OPEC+ sources said on July 12.

Tags: make progress resolving impasse

 

Oil Prices Firm on US Inventories Decline Despite OPEC+ Impasse

2021-07-09 11:15:00| OGI

Oil prices on both sides of the Atlantic were on track for a weekly loss of nearly 2%, dragged down by the collapse of output talks between OPEC and allies including Russia, together known as OPEC+.

Tags: prices firm oil decline

 
 

Russia Steps in to Rescue OPEC+ Deal as Saudi-UAE Still at Impasse

2021-07-07 22:55:00| OGI

Disagreement between the two Gulf OPEC allies was publicly exposed last week, with Riyadh and Abu Dhabi at odds over a proposed deal that would have brought more oil to the marketpotentially cooling a rally.

Tags: still deal steps russia

 

J.C. Penney Lenders Plan Takeover After Sales Talks Hit Impasse

2020-08-31 20:54:00| National Real Estate Investor

The company plans to continue exploring outside bids, but its advisers will now work with lenders to negotiate a debt-for-equity swap.

Tags: plan sales hit talks

 

House prices 'subdued' amid Brexit impasse

2019-04-05 10:47:11| BBC News | Business | UK Edition

Property values dropped by 1.6% in March compared with February, but were 3.2% up on a year ago, a lender says.

Tags: house prices amid impasse

 

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