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UAE growth to pick up on gains in non-oil sectorDriven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep More… |
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UAE growth to pick up on gains in non-oil sectorDriven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep More… |
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UAE growth to pick up on gains in non-oil sectorDriven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep More… |
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Opec sees record conformity to output cut dealOpec and participating non-Opec producing countries have started 2018 with an outstanding conformity level in their voluntary production adjustments, reaching over 130 per cent, said a report. The conformity level for December 201 More… |
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UAE committed to Opec output deal, says energy ministerThe UAE will remain committed to the global oil output reduction deal to eliminate the remaining glut on the market which amounts to 100 million barrels to reach the average target of the coming five years, said a report citing the minister of e More… |
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Opec output should remain at current levels to year-endDespite the deal concluded last December between Opec and non-Opec producers, the cartel’s crude oil supply has followed last year’s upward path, said the Bank of America Merrill Lynch (BofAML) in a new report. The bla More… |
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Opec faces three choices: stay, cut or hike outputThe Organisation of Petroleum Exporting Countries (Opec) faces three distinct choices: stay, cut, or hike output at the highly anticipated meeting in Vienna on May 25, said Bank of America Merrill Lynch (BofAML) in a new report. F More… |
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Iran plans 3 mbd rise in oil output capacityIran has plans to raise its crude oil production capacity by three million barrels per day (mbd), said a top official of the National Iranian Oil Company (NIOC) on Monday. The move is aimed at promoting and stabilizing the country More… |
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Oil producers achieve 86pc conformity to output cutsOpec and Non-Opec countries are on target towards full conformity with their adjustments in oil production, according to the Joint Opec-Non-Opec Ministerial Monitoring Committee (JMMC). ''Opec and Non-Opec producers achiev More… |
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Opec to meet one-third of rise in global oil demandWith non-Opec poised to grow again, Opec will need to increase oil output by just 2.2 million barrels per day (b/d) to meet global incremental oil demand of about 5.5 million b/d over the 2017-22 period, added the latest Global Energy Weekly fro More… |
