Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after Opec and its allies agreed not to increase supply in April as they await a more substantial recovery in demand.
Oil prices rose on Tuesday as Opec+ sources said the producer group would stick to existing plans to boost oil output slightly from May 1, suggesting they do not see a lasting impact on demand from India’s coronavirus crisis.
The Opec and allied producing countries have confirmed plans to restore 2.1 million barrels of crude per day of oil output, balancing fears that continuing COVID-19 outbreaks in some countries
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of Opec ministers and their allies about the future of supply cuts.
The Portuguese Passport is in sixth place amongst the world’s most powerful, according to the Henley Passport Index, giving, in 2021, access to 188 countries.
Rashed Lahej Al Mansouri, Director-General of the General Administration of Abu Dhabi Customs, has said that Abu Dhabi possesses a solid logistical infrastructure and advanced digital technologies that enhance its trade globally.
Abu Dhabi Fund for Development (ADFD) has signed a cooperation agreement with the Emirates Red Crescent (ERC) to finance the development projects supported by the “Mother of the Nation” programme in the Comoros.