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OPEC+ prolongs deep oil production cuts into 2025

OPEC+ prolongs deep oil production cuts into 2025
middle-east-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middle-east-online.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesSaudi arabiaAr riyaSaudi energyEnergy aspectsInternational energy agencyOrganization of the petroleum exporting countriesPetroleum exporting countriesEnergy minister prince abdulazizPrince abdulazizUnited arabCrown prince mohammed

OPEC+ Extends Deep Oil Output Cuts to 2025 to Stabilize Market

OPEC+ has agreed to extend significant oil output cuts until 2025, exceeding market expectations and addressing concerns of sluggish demand, high interest rates, and rising U.S. production. The organization will phase out some cuts gradually starting October 2024, providing market clarity for nearly 1.5 years.

United arab emiratesAr riyaSaudi arabiaOrganization of the petroleum exporting countriesEnergy aspectsPetroleum exporting countriesPrice abulazizUnited arabPrice abdulazizCrown prince mohammed

Oil Producers Led By Saudi Arabia Extend Supply Cuts Amid Slack Prices

Oil Producers Led By Saudi Arabia Extend Supply Cuts Amid Slack Prices
theyeshivaworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theyeshivaworld.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaIsrael generalRed seaDjibouti generalUnited statesSaudi press agencyMiddle eastCrown prince mohammedSaudi press

Investors flock to Aramco share sale that could raise $13 billion

The banks on the deal will take institutional orders through Thursday and will price the shares the following day, with trading expected to start next Sunday on Riyadh s Saudi Exchange.

United statesSaudi arabiaAr riyaGroup credit suisse saudi arabiaPublic investment fundSaudi national bankMorgan stanleyOrganization of the petroleum exporting countriesChina international capital corporationChina internationalRiyadh saudi exchangeGoldman sachsCrown prince mohammedRiyad capitalSuisse saudi arabiaSaudi led organization

Aramco shares drew more demand than the stock-on-offer Could raise $13bn – Ya Libnan

Aramco shares drew more demand than the stock-on-offer Could raise $13bn – Ya Libnan
yalibnan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yalibnan.com Daily Mail and Mail on Sunday newspapers.

Ar riyaSaudi arabiaUnited statesGroup credit suisse saudi arabiaChina internationalSaudi national bankRiyadh saudi exchangePublic investment fundChina international capital corporationMorgan stanleyOrganization of the petroleum exporting countriesGoldman sachsCrown prince mohammedRiyad capitalSuisse saudi arabiaSaudi led organization