Author: qiaadmin

Biden administration pushes for ‘compromise solution’ in OPEC+ talks

[ad_1] The Biden administration is pushing for a “compromise solution” in stalled OPEC+ oil output talks, a White House spokesperson said on July 5, Report informs referring to Investing.com. OPEC+ ministers called off those talks on July 5 after the United Arab Emirates rejected a proposed eight-month extension to curbs on output. Four OPEC+ sources… Continue reading Biden administration pushes for ‘compromise solution’ in OPEC+ talks

Georgia reports more than 50 cases of Indian COVID-19 variant

[ad_1] So far, Georgia has confirmed 52 cases of delta variant of coronavirus infection, said Georgian Deputy Health Minister Tamar Gabunia, Report informs. According to her, the investigations are underway into five suspected infections. She said the incidence rate of the Indian strain in the country ranges from 10% to 20%: “There is a risk… Continue reading Georgia reports more than 50 cases of Indian COVID-19 variant

Oil prices could ‘very easily’ top $100, says former US energy secretary

[ad_1] Oil prices could “very easily” hit $100 a barrel in the aftermath of the failed OPEC+ talks, former US Energy Secretary Dan Brouillette told CNBC, Report informs. “You could very easily see oil hitting $100 a barrel — potentially even higher,” he said. On the flip side, it’s “equally possible” that prices could collapse… Continue reading Oil prices could ‘very easily’ top $100, says former US energy secretary

Oil prices slow growth after reaching highest value since November 2014

[ad_1] Global oil prices on July 6 afternoon slowed down their growth slightly after the cost of US WTI oil peaked since November 2014, according to trading data, Report informs referring to Prime agency. As of 14:13 (GMT+4), the price of September futures for the North Sea Brent oil blend grew by 0.19 percent to… Continue reading Oil prices slow growth after reaching highest value since November 2014

OPEC + meeting may take place later this week

[ad_1] Informal negotiations between the parties of the OPEC + deal continue, and a meeting of the cartel may take place at the end of the week, a source in an OPEC delegation told RIA Novosti, Report informs. “They (informal negotiations) have not stopped. As for the meeting, the participants favor the early resumption of… Continue reading OPEC + meeting may take place later this week

COVID mortality hits new record in Russia

[ad_1] Over the past day, medical experts recorded 23,378 new cases of coronavirus infection in Russia, Report informs referring to Russian media. The total number of registered cases in the country since the pandemic onset has reached 5,658,672. Currently, 417,504 Russians are undergoing treatment to beat the viral disease. To date, a total of 139,316… Continue reading COVID mortality hits new record in Russia

Shah Deniz 2 starts production from East South flank 

[ad_1] Today, the Shah Deniz consortium announced the commencement of production from the East South flank at 540m water depth – a major milestone planned for 2021 and achieved safely and on schedule. Production from this deep-water flank started up on 30 June 2021 following the successful completion of all related offshore construction and commissioning… Continue reading Shah Deniz 2 starts production from East South flank 

Antonov An-2 plane disappears from radar in Russia’s Kamchatka region

[ad_1] An Antonov An-2 plane has disappeared from radar in Russia’s Kamchatka region, a spokesperson for the main regional branch of the Russian Emergencies Ministry told TASS, Report informs. “An An-2 plane has disappeared from radar. We are trying to figure out what happened,” the spokesperson said. According to the Emergencies Ministry, there were 22… Continue reading Antonov An-2 plane disappears from radar in Russia’s Kamchatka region

Georgia’s COVID tally nears 370,000

[ad_1] Over the past two days, 838 people tested positive for coronavirus in Georgia. The country has reported 1,515 COVID recoveries and 26 deaths, Report‘s Georgian Service informs with reference to the Georgian Government. Georgia has recorded a total of 369,886 cases of coronavirus infection since the pandemic began. To date, 355,127 of them have… Continue reading Georgia’s COVID tally nears 370,000