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...The Opec+ oil cartel has agreed a deal to cut an extra 1mn barrels a day of oil production while Saudi Arabia will extend a voluntary cut of a similar amount, two people familiar with the decision said on...
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...But I know which one I’d rather was renewed. ★★★☆☆ On Netflix from March 21...
...d this year and 1.8mn b/d in 2025....
...“The best way to get from plan A that’s not working to a plan B that might work is to formulate hypotheses, test them with real data, and let the data speak.”...
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...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....
...Palazzo Passerini is a three-bedroom residence that can be booked on a B&B basis or bought out in exclusivity by a total of six guests....
...“How to save organisations from their own HRM practices” might have been a better title. John D VarlaroChepachet, RI, US...
...d to 13mn b/d by 2027....
...Garnier, who has been spearheading a turnaround of the company, said the group had identified around a third of its Castorama stores as the lowest-performing as part of a push to right-size and modernise...
...No mention of the B-word, then....
...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 IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
...As a result, Saudi Aramco is currently producing about 9mn b/d, down from an average of 10.2mn b/d in the first three months of 2022....
...Ours by Phillip B Williams, Granta £18.99, 592 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...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....
...Once a top global oil producer, Venezuela’s output collapsed from almost 2.9mn barrels per day in 2014 to below 400,000 b/d in 2020 as years of mismanagement combined with Trump-era “maximum pressure” sanctions...
...The International Energy Agency also revised its estimate for growth in global demand in 2024 slightly higher to 1.3mn barrels a day, but downgraded its forecast of growth in supply to 800,000 b/d, including...
...The Danish singer-songwriter has the softest of voices, a murmurous tone that holds centre stage without exerting itself. The style is R&B, a genre famous for vocal ornament....
...Saudi Arabia’s energy ministry on Tuesday asked the state oil company Saudi Aramco to halt a planned 1mn barrels per day expansion in oil production to 13mn b/d. This had been due by 2027....
...The IEA now expects oil demand growth to tumble from a year-on-year rate of 2.8mn b/d in the third quarter of 2023 to 1.9mn b/d in this quarter....
...15mn b/d within five years....
...BondBloxx has rolled out three ETFs that offer exposure to triple B rated corporate bonds....
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