Nayla Razzouk
Managing Editor at Bloomberg News
Energy & Commodities at Bloomberg News. Tweets, retweets aren't endorsements.
Articles
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2 weeks ago |
bloomberg.com | Dasha Afanasieva |Nayla Razzouk
Bottles of Perrier mineral water on the production line in Vergeze, France. (Bloomberg) -- Nestlé SA may have to stop marketing its French beverage brand Perrier as a mineral water after admitting to using filtering methods illegal for natural mineral waters.
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2 weeks ago |
bnnbloomberg.ca | Grant Smith |Nayla Razzouk
Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed up an output revival battered crude prices. The Joint Ministerial Monitoring Committee noted that some OPEC+ members failed to fully observe their limits or deliver extra curbs pledged as compensation for over-producing, according to a statement on the group’s website on Saturday. These nations were told to submit compensation plans by April 15.
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2 weeks ago |
thestar.com.my | Grant Smith |Fiona MacDonald |Nayla Razzouk
SINGAPORE (Bloomberg): For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments this week, that role reversed dramatically. In a video conference on Thursday, the coalition of crude producers led by Saudi Arabia and Russia was expected to simply remind errant members to respect their output limits, ahead of rubber stamping its existing plan to gradually raise production.
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2 weeks ago |
bloomberg.com | Grant Smith |Nayla Razzouk
Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed up an output revival battered crude prices. The Joint Ministerial Monitoring Committee noted that some OPEC+ members failed to fully observe their limits or deliver extra curbs pledged as compensation for over-producing, according to a statement on the group’s website on Saturday. These nations were told to submit compensation plans by April 15.
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2 weeks ago |
dailyherald.com | Grant Smith |Fiona MacDonald |Nayla Razzouk
A coalition of crude producers led by Saudi Arabia and Russia was expected to simply remind errant members to respect their output limits, ahead of rubber-stamping its existing plan to gradually raise production. Instead they delivered a major shock — increasing supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices to punish the group’s cheats.
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