Why are markets skeptical about OPEC deal?
19 December 2016 |
12:00 pm
Amrita Sen, chief oil analyst at Energy Aspects, discusses BP's 10% stake in Abu Dhabi's ADCO oil concession, the OPEC oil production cuts and the oil-U.S. dollar correlation.
Related
21 Oct
Sendbox, a Nigeria-based e-commerce platform, has secured $1.8 million from a seed round led by 4Dx Ventures, Enza Capital, FJLabs, and Golden Palm Investments, bringing its total investment to $2 million.
3 days ago
Bild tabloid Editor-in-Chief Julian Reichelt was fired after The New York Times detailed misconduct toward female employees. The case is now making waves internationally.
21 Oct
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
4 days ago
It has been five years since the German government enacted the prostitution protection act. Lawmakers say it protects vulnerable people; many sex workers say it is discriminatory, stigmatizing and has increased risks.
21 Oct
Ghana's smock garment used to be reserved for royal use. These days, a flood of imported yarn has opened the market to near universal use, and the smock has become a Ghanaian clothing icon. Yet the country's collapsed cotton industry has left the financial fortunes of weavers and smock makers hanging by a thread.
21 Oct
New Zealand Prime Minister Jacinda Ardern announces a comprehensive in-principle free trade agreement with the UK, arrived at after 16 months of talks. London said the deal ends tariffs on British exports such as clothing, footwear, ships and bulldozers. It estimated that trade between the two countries last year was worth £2.3 billion ($3.2 billion, 2.7 billion euros).
2 days ago
The two sides seem worlds apart after the first day of discussions, which were intended to be about rising energy prices, but ended up being overshadowed by an increasingly bitter feud over the rule of law.
3 days ago
"Big John," as the dinosaur was nicknamed, went for millions above the initial estimate from French auction house Druot.
2 days ago
Germany is relatively new to the list of countries with a minimum wage. Now, government coalition talks are considering raising it without using the country's independent expert commission. There are pros and cons.
2 days ago
The head of the Fairtrade Foundation says consumers, businesses and governments need a ‘reality check’ on the situation facing farmers in developing countries. CEO Michael Gidney speaks to FRANCE 24 ahead of the COP26 climate conference, where Fairtrade will be bringing a pledge for businesses. In this pledge, companies will promise to invest in more sustainable supply chains and provide guaranteed prices to farmers.
1 day ago
Luxembourg joins only two other countries and a handful of US states in decriminalizing the cultivation of cannabis for recreational use. However, Germany may not be far behind.
1 day ago
A cocktail bar owner in Bangkok hopes fruity mocktails seasoned with Kratom, a recently decriminalised tropical herb, will help keep his business afloat amid a seven-month ban on alcohol service in the Thai capital. The city, once a popular nightlife spot, is under a curfew and bars, pubs and restaurants are prohibited from selling alcoholic drinks as part of coronavirus restrictions.
Latest
52 mins ago
"The civilian-led transitional government should be immediately restored," State Department spokesman Ned Price tells reporters after a military takeover in Sudan.
1 hour ago
President Shavkat Mirziyoyev, once praised for his reforms, has ensured he faces no real challenge at the polls.
1 hour ago
Three football clubs pushing for a European Super League are reportedly considering legal action. The clubs — which had hoped to stop other teams being promoted or relegated — accuse soccer chiefs of seeking a monopoly.
1 hour ago
After the death of cinematographer Halyna Hutchins, a petition calling for a ban on live firearms on Hollywood film sets has gathered more than 15,000 signatures.
3 hours ago
Twitter buys out group chat app Sphere
3 hours ago
Halle Berry Shows Off Six-Pack Abs . The 53-year-old actress posted an Instagram photo last week for #FitnessFriday. Followers quickly noticed the star's very chiseled abs. "Happy #FitnessFriday, everyone! There’s no better feeling than setting a goal and smashing it." - Halle Berry, via Instagram. "What is your fitness goal? The work won’t be easy, but that pay off? Worth every damn second." - Halle Berry, via Instagram. Besides fans, fellow actors also praised Berry for her chiseled physique. One of them was 'Black Panther' star Michael B. Jordan, who wrote, "Gains!!". Others included Mindy Kaling, Storm Reid and Gabrielle Union