OPEC daily basket price stands at US$112.37 a barrel Friday

Sales

May 16, 20220

VIENNA, The price of OPEC basket of thirteen crudes stood at US$112.37 a barrel on Friday, 13th May, compared with US$109.30 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following: S…

Oil demand exceeded 2019 levels in March, production lags: Report

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May 16, 20220

RIYADH, New data from the Joint Organisations Data Initiative (JODI), a Riyadh-based international collaboration to improve the availability and reliability of data on petroleum and natural gas, shows that global oil demand surpassed pre-pandemic level…

UAE spent AED40bn in development projects under the late Sheikh Khalifa

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May 16, 20220

ABU DHABI, The UAE has accomplished many achievements under the rule of the late Sheikh Khalifa bin Zayed Al Nahyan, including being ranked among the top 10 globally in 20 key indicators of global competitiveness related to the energy and infrastructur…

UAE announces 319 new COVID-19 cases, 344 recoveries, no deaths in last 24 hours

Health Protection

May 16, 20220

ABU DHABI, The Ministry of Health and Prevention (MoHAP) announced that it conducted 124,534 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment.In a statement on Monday, the Ministry stressed its aim to c…