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Deeper OPEC+ Oil Production Cuts Await Nod From Russia, Sources Say

2020-02-06 14:20:25| OGI

An OPEC+ technical panel has recommended a provisional cut in oil output of 600,000 bbl/d in response to the coronavirus' impact on energy demand as it awaits Russia's final position.

Tags: say production sources oil

 

OPEC Considering Deeper Oil Production Cuts Due To China Virus

2020-01-28 14:35:33| OGI

The quick slide in oil prices over the past few days has alarmed OPEC officials, the sources say, as the new virus found in China raised concerns about a hit to economic growth and oil demand.

Tags: due china production oil

 
 

Distill Ventures dives deeper into non-alc spirits with Ritual Zero Proof investment

2020-01-06 17:43:00| Daily beverage news and comment - from just-drinks.com

Diageo-back incubator programme Distill Ventures has taken a minority stake in another non-alcoholic spirits maker, Ritual Zero Proof.

Tags: investment proof deeper spirits

 

Chinese investors pursue deeper textile ties with Pakistan

2019-12-23 17:27:00| Daily apparel & textile news and comment - from just-style.com

Pakistan's clothing and textile sector hopes that 2020 will be a big year for Chinese investment as companies look to move production to outsourcing centres with lower labour costs, a skilled workforce, and government incentives through reduced taxes and duties.

Tags: chinese pakistan investors ties

 

Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact

2019-12-06 21:26:09| OGI

Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.

Tags: back oil saudi delivers

 

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