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...That total fell to about 2.5mn b/d in August, with the decline coming from western-insured ships, which only carried 626,000 b/d that month — less than half the volume they transported in May....
...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....
...This is higher than the 1.1mn b/d forecast for demand growth, which is weighed down by a slowing economy and the end of the post-Covid rebound in consumption....
...cut by 211,000 b/d and 135,000 b/d respectively....
...At present, Saudi Arabia produces about 9mn b/d, compared with a maximum of about 12mn b/d. Read more on oil here...
...At present, Saudi Arabia produces about 9mn b/d, compared with a maximum of about 12mn b/d....
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
...Eric Platt Right? Why does it have to stop? Why does that go away? That’d be so devastating. [MUSIC PLAYING] Lilah Raptopoulos Oh, man. OK, so this is great fun....
...Oil demand rose above 100mn b/d for the first time in 2019....
...Wood Mackenzie forecasts peak production of 1.5mn b/d of production by 2033 — more than that of many Opec countries....
...Smart reads London Underground After Zac Brettler plummeted into the Thames his grieving parents found that he’d been posing as an oligarch’s son....
...What does the latest R&D say about the future? The UK’s forthcoming AI safety summit will be a first-of-its-kind gathering of global leaders convening to discuss the technology’s safety....
...Its output has been reduced from about 10.5mn b/d in April to about 9mn b/d, through a combination of Opec+ mandated production targets and its voluntary cuts....
...his relationship with Buffett that ultimately made him a household name (when he was first named to Forbes’ billionaire list, he told the magazine, “I’ve been associated with Warren so long, I thought I’d...
...It means Saudi Arabia’s oil output will remain at 9mn b/d until at least the end of September, 25 per cent lower than its maximum capacity of 12mn b/d....
...In another email that month — addressed to Weisselberg and Eric Trump — McConney wrote: “I’m working on notes to Mr Trump’s annual financial statement and I’d like to include any major construction work”...
...“Any time I was in Venice I’d stop by the shop to see Attilio,” adds Amfitheatrof....
...Novak’s office said the 500,000 b/d cut would be in addition to cuts already pledged. Saudi Arabia’s own output will remain at about 9mn b/d....
...It is also the main export point for oil from Kazakhstan, with the 1.2mn b/d line from the Caspian Pipeline Consortium terminating there....
...Its production target will increase by around 200,000 b/d from January to 3.2mn b/d....
...So the eight-year-old Eric decided he’d do the deed for which he’d been punished and set fire to the school. “I got rather frightened and I thought I’d better tell the headmaster,” Hebborn said....
...Miles JohnsonSo Eric, he’d figured out where Daniel Kinahan was living in Dubai, and he hired someone to go and deliver the US court papers to his address....
...Lawyer Eric Levine, another co-host, said he was “undaunted and unbowed” despite Haley’s struggles in the primary race....
...My personal style signifier is a tailored jacket, usually by Anderson & Sheppard, Sartoria Dalcuore or Old Joe. I’m a jacket person....
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