BP workers near an oil pipeline at the Prudhoe Bay oil field in Alaska. Associated Press
Oil prices rose on Thursday on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place.
Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the pandemic and a drop in US crude inventories.
Brent crude rose 32 cents, or 0.5%, to $64.46 a barrel at 05:25 GMT while US West Texas Intermediate (WTI) crude futures climbed 26 cents, or 0.4%, to $60.81 a barrel.
Abdullah Ali Ateeq Al Sabousi, UAE Ambassador to Australia, has said that Expo 2020 Dubai promotes international cooperation in drafting a global action plan to achieve sustainable development.
The Sharjah FDI Office (Invest in Sharjah) has announced the dates of the sixth edition of its annual flagship event, Sharjah Investment Forum,
The ‘Principles of the 50’ are designed to serve as a strategic roadmap for all UAE government entities to follow as the nation enters a new era in its development path,