The photo has been used for illustrative purposes.
The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, have been cutting output since May by 9.7 million barrels per day, or 10% of global supply, after the virus destroyed a third of global demand.
Brent crude fell 29 cents, or 0.7%, to $42.95 a barrel by 0510 GMT while U.S. West Texas Intermediate crude was at $40.25 a barrel, down 30 cents, or 0.7%.
Brent crude fell 35 cents, or 0.8%, to $43.44 a barrel while West Texas Intermediate (WTI) crude was down 49 cents, or 1.2%, to $40.47 per barrel.
Sheikh Mohamed Bin Zayed said on X, “I extend my sincere congratulations to King Salman Bin Abdulaziz, Crown Prince Mohammed Bin Salman, and the people of Saudi Arabia for the Kingdom's successful bid to host Expo 2030. Through resounding support for Riyadh Expo 2030, the international community continues to recognise the remarkable path towards growth and prosperity in Saudi Arabia.”
This was stated by Badr Jafar, COP28 Special Representative for Business & Philanthropy, during an exclusive interview with Gulf Today, adding that by bringing together over 1,000 leaders from diverse backgrounds.
The Dubai Supreme Council of Energy (DSCE), Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organisation (WGEO) are organising the 9th WGES on 28-29 November 2023 at Madinat Jumeirah Conference Centre in Dubai
During the meeting, the council discussed a number of government work topics in the Emirate of Sharjah including following up on the progress of work in government departments, and reviewing developments in work on infrastructure projects.