OPEC+ raises output but cartel's future hangs in balance
AI Summary
OPEC+ countries have agreed to increase their oil output targets starting in August, while the cartel faces uncertainty following the UAE's departure. Additionally, a French company is utilizing the Seine River to cool Paris buildings, and Sky plans to acquire ITV’s broadcast channels and streaming service for £1.6bn.
A handful of OPEC+ countries have agreed to increase their output targets from August but the cartel is fighting for its survival after the UAE's departure. A French company is using the Seine to cool down Paris' buildings. And, Sky says it's buying ITV's broadcast channels and streaming service for £1.6bn.
World Markets Deals Real Estate Commodities Energy OPEC+ oil output UAE departure Seine cooling Sky ITV acquisition energy markets broadcast deal