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Romanian Meat Processor to Invest â‚9 Million to Raise Output
2016-02-25 01:00:00| ThePigSite - Industry News
ROMANIA - Romanian meat processor Agricola International Bacau has unveiled plans to invest €9 million to upgrade its facilities and expand its output capacity by up to 30 per cent, according to senior company representatives, writes Jaroslaw Adamowski.
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Oil prices fall as OPEC squabbles over output targets
2016-02-24 04:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Pop Herald: World oil (Other OTC: WOIIF - news) prices nudged higher Tuesday as OPEC producers met to discuss a possible freeze to crude output levels in a bid to tackle a supply glut. U.S. crude futures were trading at $31.25 per barrel at 0758 GMT, down 1.95 per cent from their last settlement. Speaking from an energy conference in Houston, Saudi Oil Minister Ali al-Naimi was quoted by Houston Public Media as saying finding a coordinated solution to lower oil price may require producers to "really work...
Oil prices fall as Saudi Arabia rules out output freezing proposal
2016-02-24 01:00:00| Offshore Technology
Oil prices have fallen after Saudi Arabia ruled out proposal freezing output, as well as a rise in US crude inventories.
Oil prices drop due to doubts of freezing output impacting supply glut
2016-02-23 01:00:00| Offshore Technology
Oil prices have fallen more than 2% due to doubts of whether freezing output will have any impact on the global oversupply.
Oil forecast to reach $US80 by 2020 as output growth slows, says IEA
2016-02-22 22:23:09| Oil & Gas - Topix.net
Fawad Razaqzada, a technical analyst in London for forex.com, expects US crude to test its March low of $US42.03 and Brent its January bottom of $US45.19. Oil prices will reach $US80 a barrel by 2020 as global oil supply growth is "seriously" plunging, the head of the International Energy Agency said, suggesting the light at the end of the tunnel for the energy industry is still far away.
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