ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the National Media Council (NMC), has stated that the media sector in the UAE is resilient enough to respond to the fallout of the Covid-19 pandemic and turn challenges to opportunities to reshape and implement pace-setting strategies that can be relied upon in the ...

Bloomberg The great oil glut of 2020 may have already peaked in the world’s biggest crude importer. Crude inventories in China have shrunk in recent weeks after rising to record levels, according to analysts and satellite observations. Supplies have been drawn out of storage as refineries ramp up operations to meet rising demand from an economy emerging from lockdown. Inventories ...

Bloomberg An indicator of China’s coal demand surged almost one-third above last year as hotter-than-usual weather and factories rushing to make up for lost orders boosted power demand. Coal use by coastal power plants at five major utilities rose for an eighth straight day to 577,100 tons as of Monday, more than 30% higher than the same period last year ...