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IMF sees meager rise in '23 GDP - ARAB TIMES

‘ECONOMIST’ TURNS FOCUS TO OIL REVENUES OF GULF KUWAIT CITY, April 12, (Agencies): Kuwait’s projected real GDP growth (annual percent change) for 2023 is 0.9 and 2.7 in 2024; while the projected inflation rate or consumer prices (percent change) is 3.3 in 2023 and 2.6 in 2024, according to the Wo ....

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Opec has delayed its decision to bring more oil to market as prices rise

Opec has delayed its decision to bring more oil to market as prices rise
Saudi Arabia and Russia are reaching an agreement to release more barrels to the oil market as prices have risen to a three-year high, but officials have not agreed on a supply policy and have postponed the decision until Friday.
Opec and its off-cartel partners met with nearly a dozen gatherings on Thursday, August to December to discuss monthly production increases of hundreds of thousands of barrels a day.
But they could not reach an agreement on the level of production, and the official meeting of Opec + was postponed until Friday evening. The Basque Country has emerged as a roadblock because of concerns about its individual exit fee. ....

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