ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has ...
Read More »Iraq’s oil contracts make joining OPEC output cut painful
LONDON/BAGHDAD / Reuters Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents seen by Reuters, further reducing the prospect it will join any OPEC deal to curb the group’s output. The compensation – stipulated in contracts – would compound the financial hit of losing much-needed revenue from crude ...
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