Saudi Arabia and Russia announced the extension of their voluntary oil production cuts until the end of the year, which has had an immediate impact on crude oil prices. This decision seeks to stabilize prices and has taken the value of a barrel of Brent and WTI to their highest level since November.…
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cuts
Speculations about new cuts surround OPEC meeting
The Organization of Petroleum Producing Countries (OPEC) meets for two days to discuss issues inherent in the production quota of its members. This Thursday and Friday is the appointment in Vienna; a meeting full of suspicions about new…
Cuba foresees adjustments due to deterioration of financial scenario
Cuba is going through a crisis that affects the financial sector. The outlook is characterized by a marked drop in income, lack of cash, weak economic growth and increased debt. This will undoubtedly boost austerity measures and pressure…