Page 1 - MEOG Week 29
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Issue 779 22•July•2020 Week 29
OPEC+ eases output restrictions
OPEC+ will allow an additional 2mn bpd of oil to flow to international
markets from August until the end of the year.
Doubts cast over Bahrain’s quick fix
Bahrain’s fiscal reserves have fallen off a cliff and the country was only just
saved from a full-blown current account crisis by a sukuk issuance in May.
aq makes cuts to comply with quota
Ir
Iraq’s SOMO will reduce exports to refineries in Asia and Europe as Baghdad
seeks to comply with its commitment to the OPEC+ deal.
Petrofac completes Rabab Harweel work
Petrofac has completed work on Oman’s Rabab Harweel Integrated Project.
