It sees a surplus of 1.4 million barrels a day in the first three months of 2022
Etihad has launched its inaugural flight to the new International Terminal C at Moscow Sheremetyevo Alexander S. Pushkin International Airport
Brent crude’s climbed 62 per cent this year to almost $84 a barrel
Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic
The Moscow route brings the carrier’s total network of destinations to 33
Here’s a list of eight participating country pavilions and their offerings
The delta variant has spurred fresh curbs on mobility in many nations including China, harming energy consumption
It takes the Dubai-based carrier’s total operational network to over 80 destinations
It will connect Ras Al Khaimah to Moscow, St. Petersburg, Kazan, Samara, Yekaterinburg, Nizhny Novgorod, Perm, Ufa and Rostov-on-Dov
Data from the US and Asia do bolster the case for OPEC+ to loosen the taps
The trials will initially be carried out on 500 volunteers
The kingdom’s pledge comes amid more stay-at-home orders and travel restrictions to rein in a surge of infections
Saudi Energy Minister met in Riyadh on Saturday with Russian Deputy Prime Minister
Aramco also increased pricing for light crude grades to the Mediterranean region
The UK regulator, the Medicines and Healthcare Products Regulatory Agency, said the vaccine “met its strict standards of safety, quality and effectiveness”
The import ban extends to the Netherlands, Germany, several regions in the UK and select areas in Russia
The battle to counter the pandemic dominated the first day of a virtual summit of G20 nations on Saturday
Emirates is expanding its services to the UK following the establishment of UK-UAE air corridor
The producer group is considering keeping additional supply off the market for three to six months
The oil market has been hit hard in 2020, with prices plummeting to record lows
While oil prices have more than doubled since OPEC+ began curbing supplies, Brent crude is still down 36 per cent this year
The MeznSat project will contribute to the UAE Space Agency’s objectives to develop national capabilities and enhance scientific research
Emirates currently serves five cities utilising its A380 aircraft, including Cairo Paris, London Heathrow, Guangzhou and Toronto
The addition of Moscow will take Emirates’ global network to 85 cities in September
As the Covid-19 pandemic dented international travel and tourism, companies look to capture domestic spending that normally goes abroad
While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile
The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day
Brent crude, the international benchmark, fell 2.5 per cent to $41.23 a barrel at 4.29pm in London, erasing earlier gains
Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel
All the member nations signed off on a new deal for a production cut of 9.6 million barrels a day next month