Oil rig - OPEC

Oil steadies as traders look to China, OPEC for fresh triggers

West Texas Intermediate was little changed above $80 a barrel after declining by almost 2 per cent on Tuesday

OPEC cuts oil demand outlook as it starts to curb production

OPEC expects that it will need to pump an average of 28.92 million barrels a day of crude to satisfy demand during the fourth quarter

Aramco says global oil spare buffers to slump when China reopens

Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns


Covid vaccines prevented 20 million deaths in first year, study finds

Vaccines from companies including Pfizer, Moderna and AstraZeneca have slashed hospitalisations and deaths, with more than 12 billion doses administered across the planet

UAE reports 381 Covid-19 cases, 389 recoveries

The nationwide case count has risen to 908,205

Dubai Airport

Dubai Airports sees travel surge this year, full rebound by 2024

Dubai Airports CEO said demand this year could surprise on the upside

Oil extends gain after weekly advance on tightening market

Oil has rallied more than 10 per cent so far this year

Oil extends biggest gain this year as Powell sparks broad rally

Oil has roared higher in the opening days of the new year as concerns about the pandemic, especially the impact of the omicron variant, have eased off

Brazil, UAE can collaborate on vaccines for future pandemics: Brazilian Minister

Brazil will develop vaccines for diseases such as dengue, chikungunya and yellow fever, which are prevalent in tropical countries

SEHA offers Pfizer-BioNTech vaccine across all centres in UAE

Prior booking for receiving the jab is required through the SEHA app