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...When we put prices out we found it difficult to sign these agreements,” he said, adding that the current price compared to a $200-$400 barrel of oil....
...d this year and 1.8mn b/d in 2025....
...No mention of the B-word, then....
...attempt to prop up prices....
...“Oil prices are a lot more stable . . . but they want to ensure the stability continues,” she said. Saudi Arabia has shouldered most of the curbs, having cut its production by 1mn b/d since July....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...Pfizer is gearing up to launch its first-ever gene therapy at a list price of $3.5mn, after US regulators approved the treatment for a rare blood clotting disorder on Friday....
...In Russia and Saudi Arabia alone about 4mn b/d exists. That is not far from decade highs, on Citi’s data. That potential world supply will act as a cap on prices for at least the coming year....
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...The DAZN letter says that “according to our understanding, DAZN’s bid for rights package B was 20 per cent higher than Sky’s second-highest bid and above the reservation price defined by the DFL”....
...However, the year’s costs from ongoing court action against the group — which is still facing claims from Prince Harry as well as celebrities such as the actor Hugh Grant — fell from £128mn the year before...
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
...This is the second approach Apollo has made to Paramount at the same price....
...The IEA added that record output from the US, Brazil, Guyana and Canada would help boost global supply this year by 1.5mn b/d to a record 103.5mn b/d....
...“It’s the first time we have put all our eggs in one basket and brought just one artist to Maastricht,” says owner-director Hugh Gibson, whose gallery has shown at the fair since 2006....
...The family will also hold the majority of the voting rights, as only B shares were offered to external investors....
...According to the New York Times, traditional broadcasters have balked at Fifa’s asking price to show the new tournament....
...The nimble speeds that Suzuki set for the “Sanctus” from Bach’s B Minor Mass, a bonus at the start of the second concert, put the Choir of the Age of Enlightenment through its paces, and its mostly young...
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...But its efforts to support prices above $80 a barrel have been hindered by production by non-members....
...JPMorgan Asset Management, as data showed on Wednesday that consumer price growth slowed to 4.6 per cent, while core inflation, which strips out volatile food and energy prices, edged down to 5.7 per cent...
...In the event, terms with B&M were rapidly put in place for the three Capital & Regional sites affected by the collapse....
...Mindful of the risk that fresh sanctions on Venezuela might push up oil prices in a US election year, Washington will allow US major Chevron to continue a joint venture with Venezuela’s national oil company...
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...cut by 211,000 b/d and 135,000 b/d respectively....
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