World Business Quick Take – Taipei Times

• OIL

  Price dip benefits output: IEA

  An oil market rally might ease off as prices that last month hit a three-year high help push up global production, particularly in the US, the International Energy Agency (IEA) said yesterday. “The world oil market remains tight by all measures, but a reprieve from the price rally could be on the horizon … due to rising oil supplies,” the Paris-based agency said in its monthly oil report. “Current prices provide a strong incentive to boost [US] activity even as operators stick to capital discipline pledges,” it said. The IEA said that US production would not return to levels before the COVID-19 pandemic until the end of next year.

  WINE AND SPIRITS

  Diageo expects sales growth

  Diageo PLC expects organic sales growth to be between 5 and 7 percent for fiscal year 2023-2025, up from 4 to 6 percent growth during fiscal year 2017-2019, the world’s largest spirits maker said yesterday as it laid out its medium-term targets. The Johnnie Walker…

Read Full Story: https://www.taipeitimes.com/News/biz/archives/2021/11/17/2003768004

The post World Business Quick Take – Taipei Times first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2021/11/16/world-business-quick-take-taipei-times-2_202111169019.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.