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...Each B share has 10 times the voting rights of a single A share. Ordinarily the B shares would convert into A shares on sale by the Glazers....
...d this year and 1.8mn b/d in 2025....
...No mention of the B-word, then....
...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....
...attempt to prop up prices....
...Such retro notes are evident from this album’s R&B-inflected opener, “Cut My Hair”, where she seductively schemes and sighs: “Good girls are so over-rated.”...
...“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....
...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...
...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...
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
...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....
...Brent crude, the international benchmark, traded as high as $92 a barrel on Friday after breaking above $90/b last week for the first time since October....
...But its efforts to support prices above $80 a barrel have been hindered by production by non-members....
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...It produced 1.16mn b/d in the US in the quarter versus 895,000 b/d previously, boosted in part by its acquisition of PDC Energy....
...cut by 211,000 b/d and 135,000 b/d respectively....
...During the week, Davey faced questions over a decision to largely expunge the “B-word” from the party’s pre-manifesto policy documents while at conference itself the ‘what to do about Brexit’ discussions...
...The figures top the 12.9mn b/d estimated in 2023 — itself a record, surpassing levels reached before the Covid-19 pandemic....
...Among the most expensive approved gene therapies are uniQure’s haemophilia B treatment Hemgenix, at $3.5mn and Bluebird’s thalassaemia drug Zynteglo, which is priced at $2.8mn....
...But as you go down the credit quality spectrum, such as in single-B’s, deals are going to price higher, maybe at a 450-500bp spread....
...Prices for the more experimental Svenskt Tenn pieces, many by other notable 20th-century designers, are rocketing....
...At present, Saudi Arabia produces about 9mn b/d, compared with a maximum of about 12mn b/d. Read more on oil here...
...As big fashion houses continue to hike prices and create ever more blockbuster fashion shows, an emerging generation of designers, working alone or with minuscule teams, and often on tiny budgets, offer...
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