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Oil surges as global refining crunch drives record fuel costs

  Bloomberg Oil climbed as a global squeeze on refined products continued to pull fuel prices higher with Russian diesel exports falling sharply. West Texas Intermediate rises 4.1% and eked out a weekly gain of 0.7% after a series of tumultuous trading sessions where lowered liquidity exacerbated price moves. Diesel exports from Russia dropped in April from their prewar level ...

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Sheikh Mohamed bin Zayed elected UAE president

Abu Dhabi / WAM The Federal Supreme Council on Saturday unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates. The council held a meeting on Saturday at Al Mushrif Palace in Abu Dhabi, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...

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Sheikh Mohamed accepts condolences on death of Sheikh Khalifa

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Ruler of the Emirate of Abu Dhabi, received condolences on the passing of Sheikh Khalifa bin Zayed Al Nahyan, from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme ...

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