DUBAI / GULF TIME In a stride towards transforming urban sustainability, Fakhruddin Properties has launched ...
Read More »Oil extends drop after Saudi price cuts underline demand concern
Bloomberg Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales as demand stuck below pre-Covid levels. Futures in New York dropped 1.7% after Saudi Aramco reduced its key Arab Light grade more than expected for shipments to Asia, a signal that fuel consumption in the largest oil-importing region is wavering. The company ...
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