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Oil ekes out weekly gain as demand offsets virus fears

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Bloomberg Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery. Futures in New York rises 0.2% this week, completely recouping a selloff that was stoked by the rapidly spreading delta variant. Fuel demand and road traffic from the US ...

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Covid-19: UAE sends 56 tonnes of medical supplies to Indonesia

Abu Dhabi / WAM The United Arab Emirates on Saturday sent a plane carrying 56 tonnes of medical supplies, including oxygen cylinders, respiratory equipment and Covid-19 vaccines, to Indonesia, in support of the national efforts there to combat and contain the spread of the pandemic. Abdullah Salem Al Dhaheri, UAE Ambassador to Indonesia, praised the strong relations between the UAE ...

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G-20 ministers stumble over coal, global warming targets

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Bloomberg Environment ministers from the Group of 20 nations were unable to reach full agreement on key climate goals, just 100 days before a critical international conference kicks off. After marathon negotiations that ran through the night, the ministers couldn’t find common ground on phasing out coal or how much to limit global warming, Italian Ecological Transition Minister Roberto Cingolani ...

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