Monday, August 2, 2021

Oil cut

Brazilian Petrobras plans to cut operating costs to $ 8.1 billion by 2023

The state-controlled Brazilian oil company Petrobras has announced plans to cut operating costs by $ 8.1 billion in the period from 2019 to 2023, the company said. Petrobras said it aims to economize on spending, mainly by cutting staff-related expenses...

OPEC compensates Iran’s oil loss, expects demand for crude to fall in 2019

OPEC said on Wednesday it had offset a drop in Iranian exports as US sanctions on Tehran resumed and lowered its demand for oil in 2019, highlighting the challenge it faces to prevent supply oversupply even after last week's...
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Ashraf Ghani accuses Taliban of not taking “peace talks seriously”

Afghan President Ashraf Ghani accused the Taliban of not taking peace talks seriously. Ghani made these statements during a special...
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