30 to cut output by 1.2 million bpd to 32.5 million bpd for the first six months of 2017, in addition to 558,000 bpd of cuts agreed by independent producers such as Russia, Oman and Mexico. “I would expect that we will see a rebalancing of the markets within the first half of this year,” said Fatih Birol, executive director of IEA, the Paris-based global energy watchdog. “But what I want to say (is) that we are entering a period of much more volatility in the market … the name of the game is volatility,” he told Reuters Television in Abu Dhabi. Prices fell on Friday and ended the week 3 percent lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the economic health of the world’s second-largest oil consumer, China, after it reported the steepest falls in overall exports since 2009. Birol said although the OPEC agreement could signal higher oil prices, it would also encourage more production from the United States and elsewhere. Higher prices could also weaken global demand for oil, he added. “I expect the U.S. shale oil will go back to increasing production this year,” Birol said. He added that a recent trend of declining Chinese oil production due to low prices could be reversed if the market strengthened. Data from the U.S.http://www.theactproject.com/stinterviewprep/2017/01/15/further-guidance-on-choosing-root-issues-in-application-form-for-physician/
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BANGOR, Maine Online home furnishings retail giant Wayfair started training its first group of employees this week at its new Bangor call center. The company officially took over occupancy of the city-owned building at the corner of Maine Avenue and Godfrey Boulevard on Wednesday. Wayfair expects to ultimately hire 450 people to work out of the Bangor location, and it is still accepting applications. On Friday, about 70 Wayfair workers learned the ins and outs of the computer and call systems. They sat behind computers with dual monitors in one of the facilitys training rooms. The company sent staffers from facilities in Utah and Texas to help prepare the newcomers. Peter Boudreaux, director of sales and service for the new Bangor center, said more groups of trainees will be brought in after this one finishes its initial training and goes out to work on the main floor. Boudreaux started working for Wayfair about two months ago after leading the North American operations team for Uber . He also has worked for Amazon. Kim Perreault, 31, of Kenduskeag was among the trainees.
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