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1 – 10 of 11Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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The economy has not grown in the past two quarters and, on a per capita basis, has declined for six consecutive quarters. With the Bank of Canada ruling out interest rate cuts…
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DOI: 10.1108/OXAN-DB284433
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Although the Inflation Reduction Act (IRA) is already channelling new funds into renewable energy, the US offshore wind sector faces financial challenges that will make Biden’s…
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DOI: 10.1108/OXAN-DB283736
ISSN: 2633-304X
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The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…
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DOI: 10.1108/OXAN-DB283921
ISSN: 2633-304X
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Turkish state-owned utility BOTAS has a supply contract with Bulgargaz which also includes access to the Bulgarian grid. It is in position to resell Russian gas to customers in…
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DOI: 10.1108/OXAN-DB281972
ISSN: 2633-304X
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The new pricing policy replaces the previous import parity price applied since 2016 and may attenuate the impact of international price volatility on the domestic market. The new…
Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core…
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DOI: 10.1108/OXAN-DB279792
ISSN: 2633-304X
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BULGARIA: Russian oil phase-out will avert price hike