
Increasing workforce effectiveness and competency via technology
Technology can assist in improving the way employees complete jobs. It may speed up existing processes or open up new …
February 14, 2022: -On Friday, Saudi Arabia and the United Arab Emirates (UAE) could help to calm volatile oil markets if they pumped crude, the International Energy Agency (IEA) said.
The UAE and Saudi Arabia are the main oil producers with the sparest production capacity. They could help relieve dwindling global oil inventories that have been in the factors pushing prices towards $100 a barrel, deepening inflation worldwide.
“These risks, which have broad economic implications, could be reduced if producers in the Middle East with extra capacity were to compensate for those running out,” the Paris-based agency said in its monthly oil report.
The IEA said that adequate spare capacity could decrease to 2.5 million barrels for each day (BPD) by the end of the year, held up nearly entirely by Saudi Arabia and, to a lesser extent, the UAE.
An outcome to international talks with Iran could lift U.S. sanctions on the country’s exports and relieve supply tightness, the IEA added, gradually bringing 1.3 million BPD of Iranian oil back into the market.
Supply and demand look balanced in the first quarter but is expecting to flip into a surplus in the second quarter or second half of the year, said Toril Bosoni, head of the IEA’s oil markets division.
The need to refill depleted oil stocks, which in OECD countries have slumped to seven-year lows, which means immediate oversupply is unlikely.
“We don’t see it as a huge surplus looming in the market,” she told reporters.
Technology can assist in improving the way employees complete jobs. It may speed up existing processes or open up new …
Total Quality Management (TQM) is an organisational philosophy that small business owners and managers adopt rather than a particular management …
We all struggle with self-doubt, but this struggle can be especially difficult for those in leadership positions. Leaders are expected to be …
Diversity and inclusion (D&I) include more than just headcounts, rules, or initiatives. Equitable employers outperform their rivals by valuing each team …
Whether you’ve recently been promoted to the executive level or have been with the company for 10+ years, one thing will never change. Human nature, like …
Regardless of your job title or business, you can be obliged to participate in negotiations from time to time as a business professional. Chances are, you are currently …
March 22, 2023: On Tuesday, Shares of GoTo Group decreased nearly 4.62% after the Indonesian tech firm’s annual net loss for …
March 21, 2023: On Monday, UBS shares staged a remarkable rally, reversing steep losses following the bank’s 3 billion Swiss …
March 21, 2023: A New York Community Bancorp subsidiary has agreed with U.S. regulators to get the deposits and loans …
Technology can assist in improving the way employees complete jobs. It may speed up existing processes or open up new …
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you