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Opec output drops as Libya recovery stalls
Prices have slipped since and fell below $68 to the lowest since 2009 on Monday.
Iraq govt, Kurds strike deal on budget, crude exports
The deal would see oil from the Kurdish region or claimed by its leadership exported via Kurdish pipelines but through the federal oil company.
Plunge in oil prices a panacea for crude-reliant Asia
Partly because of the shale oil boom in the US, the world is awash in oil but demand from major economies is weak so prices are falling.
Oil plunge to have lesser impact on UAE economy
The oil prices tumbled 30 per cent since June 2014 to $79 a barrel from $115 a barrel.
OPEC keeps oil output on hold despite low prices
Brent crude oil falls $3 to lowest since September 2010 at under $75 a barrel
Oil drop: UAE, Kuwait and Qatar can balance budget
UAE’s Oct PMI advanced at a brisk pace, touching new highs
Saudi Arabia, UAE signal no push for Opec oil cut
Opec’s meeting today will be one of its most crucial in recent years, with oil having tumbled to below $79 per barrel due to the US shale boom and slower economic growth in China and Europe.
Oil in new era: IEA
No quick rebound seen for crude prices
Qatar’s economy not affected by lower oil prices: Amir
Shaikh Tamim also said on Tuesday that the government was focusing on making its spending more efficient, and cracking down on waste and misuse of state funds.
Oil posts longest slump since 2008
US crude dipped briefly below $80 a barrel before paring losses later in the day as short sellers closed their books for the month and took profits.
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