Hints and tips:
Related Special Reports
...But prices fell back in the wake of the Iranian attack, as traders bet that supplies from the region would not be disrupted....
...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....
...In the UK, veterans’ minister Johnny Mercer must explain to a public inquiry by Wednesday why he cannot comply with an order to hand over the names of people who told him about an alleged cover-up in Afghanistan...
...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....
...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...
...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....
...I have so many style icons: Gianni Agnelli, Michael Chow, Johnny Cash, Leonard Cohen, Keanu Reeves, Johnny Depp… but Agnelli came to my mind first. He was so elegant but so original....
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
...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...
...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....
...Analysts estimate Opec+ has about 6mn b/d of spare capacity it can unleash on to global markets to lower prices if they spike into the triple digits to prevent demand destruction....
...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....
...cut by 211,000 b/d and 135,000 b/d respectively....
...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....
...OSL has seen its share price jump 126 per cent in the past six months....
...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....
International Edition