Traders work on the floor of the New York Stock Exchange on Thursday. Associated Press
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.
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
Brent slumped to $22.5 a barrel leaving it down 65% for the year and hammering petro currencies such as Russia's rouble, Mexico's peso and the Indonesian rupiah by as much as 2%.
Oil prices rose on Wednesday after a drop in US crude inventories reinforced Opec’s robust demand outlook, while the market awaited fresh updates on the Colonial Pipeline outage. US West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $65.57
Aside from the Expo 2020 Dubai being a fertile ground for essential and probably at-the-moment incomprehensible discoveries for what lies ahead,
Expo 2020 Dubai is playing a big role in the growth of the UAE retail sector as the numbers of the global visitors are increasing every passing day after its official opening on October 1, 2021.
The UAE Space Agency outlined the tremendous business opportunities in space exploration, scientific research and its potential to advance economic growth and human progress at Expo 2020 Dubai.