The cartel said it wanted to support stability in the market, which is another way of saying it didn’t like the dip in oil prices in mid-March. Meanwhile the chairman of Credit Suisse, Axel Lehmann, apologised to investors at the 167-year-old bank’s last-ever annual general meeting.
economist.com
AI Generated Summary & Insights
Oil prices rose sharply after OPEC+ announced a surprise cut to production. The cartel said it wanted to support stability in the market, which is another way of saying it didn’t like the dip in oil prices in mid-March. It also wanted to deter speculators who have been betting on softer oil prices. OPEC+ is lowering output...
Read full post on economist.com
https://www.economist.com/the-world-this-week/2023/04/05/businessJoin over 28 thousand professionals and subscribe to the AI Business Newsletter
Receive curated Artificial Intelligence Business articles straight to your inbox. Be first to know once the new website launches.
Related Insights
Digital transformation: Rewiring for digital | McKinsey Digital
|
Featured AI Reports
Top AI Companies Revolutionizing Video Creation
AI is transforming the video industry, with companies like Fliki, Synthesia, D-ID, Runway and others offering AI-powered video creation and editing toolsEnhancing AI Models with Synthetic Data Generation
Synthetic data generation platforms offer businesses a cost-effective solution to improve AI models and unlock new possibilities.Unlocking the Potential of Artificial Intelligence: Insightful Articles for Product Managers
Product managers must adapt to AI's evolution. Insights on leveraging AI/ML, redesigning processes, and more.Featured AI Companies
Meet your dedicated...
Create the most...
Create Engaging Videos...
Replica Analytics is the...
Conduktor Platform is the...
Recent AI Articles
© 2023 Welcome AI | mail@welcome.ai