Showing 1 - 6 of 6
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Myanmar confident of economic take-off this year
Asia focus, Larry Jagan, Published on 08/01/2018
» After nearly two years in power, Myanmar State Counsellor Aung San Suu Kyi and her government face a crucial year ahead. Apart from significant political problems -- resolving the troubles in violence-torn Rakhine state and reviving the stalled peace process -- the government needs to show dramatically improved performance on the economic front.
Escape from poverty
Asia focus, Erich Parpart, Published on 11/09/2017
» It was a cold winter night when Ji Seong-ho lost both of his left limbs. He was trying to jump onto a moving freight train to steal coal being transported from North Korea to China. He slipped on the snow and tumbled under the wheels of the carriage.
Calm down, America. Attacks won't break Britain
News, Peter Apps, Published on 08/06/2017
» When I rolled my wheelchair out of my apartment block on Sunday morning -- mere hours after three attackers killed seven a few hundred yards away in London Bridge and Borough Market -- the most striking thing was the sense of calm.
Lufthansa braces for next strike
Published on 03/12/2014
» BERLIN — Lufthansa's board meets on Wednesday to approve expansion of its budget flights against the backdrop of deteriorating relations with pilots who are now planning their tenth strike this year.
Asian shares up on US Fed change
AFP, Published on 11/02/2014
» Asia's markets edged up on Tuesday, with investors sitting on the sidelines as they await the first testimony by the US Federal Reserve's new head to discover her plans for its stimulus programme.