Omani Energy Minister Mohammed bin Hamad al-Rumhy said he expected global oil pr...
FILE PHOTO: Oman's Oil Minister Mohammed bin Hamad al-Rumhy talks to journalists as he leaves the OPEC headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger
The OPEC+ alliance was formed in 2017. Since its inception, oil prices have doubled to more than $60 per barrel, mainly as a result of a series of production cuts by its members. However, Saudi Arabia is having a hard time convincing Russia to stay much longer in OPEC-led pact, and Moscow may agree only to a three-month extension. Should Russia pull out of the latest deal on cutting output, oil prices would drop.
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Nissan Probes Whether Ghosn Channeled Company Money for Personal UseNissan has investigated whether ex-CEO Carlos Ghosn funneled millions of dollars of company funds through an Omani car distributor for personal use, possibly including the purchase of a yacht
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Oman oil minister says excited to be part of Sri Lanka oil refinery projectOman oil minister Mohammed bin Hamad Al Rumhy said on Sunday he was excited to b...
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Oman oil minister excited to be part of Sri Lanka oil refinery projectOman's oil minister said on Sunday he was excited to be part of a Sri Lanka...
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Lyft raises IPO price range ahead of Friday IPOLyft raised its expected price range to $70 to $72 per share, according to an amended S-1.
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Lyft to Price Shares Above Targeted Range of $62 to $68 in IPOLyft is expected to price its shares above the targeted range for its initial public offering, in a sign of strong investor demand ahead of the ride-hailing service’s debut.
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