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IMF: Vaccine inequity threatens Mideast s economic recovery
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IMF: Vaccine inequity threatens Mideast s economic recovery
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IMF: Vaccine inequity threatens Mideast s economic recovery
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10 Apr 2021 / 08:51 H.
(Repeats story filed on March 25 with no changes. John Kemp is a Reuters market analyst. The views expressed are his own) India and Saudi Arabia goods trade: https://tmsnrt.rs/31jvIOM
By John Kemp
LONDON, March 25 (Reuters) - Tensions this month between India and Saudi Arabia over rising oil prices have underscored the growing importance of the bilateral relationship and its potential to generate conflict as well as cooperation.
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near doubling of oil prices since the start of November sparked an angry exchange of words.
10 Apr 2021 / 09:01 H. Deal sees OPEC+ output rising 350,000 bpd from May Gradual rise in OPEC+ production continues in June, July Saudi Arabia outlines plan to phase out its voluntary cut U.S. energy secretary, Saudi energy minister hold call (Edits)
By Alex Lawler, Rania El Gamal and Vladimir Soldatkin
LONDON/DUBAI/MOSCOW, April 1 (Reuters) - OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable for consumers.
The group, which has implemented deep cuts since a pandemic-induced oil price collapse in 2020, agreed to ease production curbs by 350,000 barrels per day (bpd) in May, another 350,000 bpd in June and further 400,000 bpd or so in July.