Friday, April 19, 2024

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Opec+ Plans To Increase Oil Production By 648K Barrels Per Day

Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022. This came during the organisation's meeting last...
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Waiting for the Next Historic Number: Global Economy Week Ahead

Waiting for the Next Historic Number: Global Economy Week Ahead

(Bloomberg) -- As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing...
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Get Ready for the Swoosh-Shaped Recovery, Davy’s Donnelly Says

Get Ready for the Swoosh-Shaped Recovery, Davy’s Donnelly Says

(Bloomberg) -- When the global economy recovery arrives, it may look more like a “swoosh” than a V, according to Davy, Ireland’s largest securities firm. “It’s...
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Oil’s Crash Deepens in Tug-of-War Between Virus and Stimulus

Oil’s Crash Deepens in Tug-of-War Between Virus and Stimulus

(Bloomberg) -- Oil’s spectacular collapse deepened as investors weighed measures by governments and central banks to help shore up the global economy against the spreading...
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Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast

Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...
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