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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
Episodes
Thursday Jul 08, 2021
Thursday Jul 08, 2021
Opec and oil-producing allies are at a new impasse. But what does it mean and why is it happening?
To unpack a historic convergence of market dynamics, The National's energy correspondent Jennifer Gnana joins co-hosts Mustafa Alrawi and Kelsey Warner.
They explain Opec's current role in the energy industry, why US oil and Brent, the international oil benchmark under which two thirds of the world's crude trades, reached seven and three-year highs. Also discussed: why balancing the energy market is key to economic recovery from the pandemic and the increasing role the net-zero agenda is playing on oil producers' long-term strategy.
In this episode:
Opec and rising demand (0m 58s)
Oil prices that determine market stability (5m 13s)
Opec's importance in the global energy landscape (9m 44s)
UAE's strategy (16m 10s)
Read more on our website:
Opec and rising demand (0m 58s)
Oil prices that determine market stability (5m 13s)
Opec's importance in the global energy landscape (9m 44s)
UAE's strategy (16m 10s)
Read more on our website:
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