Showing posts with label OPEC. Show all posts
Showing posts with label OPEC. Show all posts
Monday, 5 June 2023
Lupin:
Lupin: The pharma major has launched Darunavir tablets, in 600 mg and 800 mg strength, to market a generic equivalent of Prezista tablets of Janssen Products, LP, which reduces the amount of HIV in the blood. Darunavir tablets had estimated annual sales of $308 million in the US, as per IQVIA MAT March 2023.
SUMMARY OF OPEC PRODUCTION CUTS
1. Saudi Arabia to extend 500K barrel per day cuts until 2024
2. Saudi Arabia to cut an additional 1 million barrels per day voluntarily
3. Iraq to extend 211K barrels per day cuts until 2024
4. Russia to extend voluntary production cuts until 2024
5. OPEC agrees to new production target of 40.5 million barrels per day
📍This comes after Saudi Arabia told oil short sellers to “watch out.”
📍OPEC is not messing around.
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