Bloomberg Oil markets may be cheering the prospects of a coronavirus vaccine, but Opec+ can’t celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech SE’s breakthrough could soon revive the flights, car journeys and other economic activity that underpin fuel consumption. Nonetheless, the alliance of producers led by Saudi Arabia and Russia is ...

DUBAI / WAM Dubai Airport Freezone Authority (Dafza) has won the Dubai Human Development Gold Award at the 26th Business Excellence Awards ceremony organised by the Dubai Economy. The award comes as recognition of Dafza’s efforts within human resources initiatives and applying the best practices in the development of talent. The winners were announced during a ceremony held remotely in ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) is set to seize opportunities to further unlock value from its assets and resources as it builds on the momentum of a successful virtual edition of the Abu Dhabi International Petroleum Exhibition Conference (Adipec). Provisional figures show that over 80,000 viewers from around the world tuned into Adipec’s strategic ...