ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Oil stages remarkable rebound from one year of catastrophe
Bloomberg One year after the first glimmers of the catastrophe awaiting global oil markets — from deserted Chinese cities to grounded jets — crude is staging a remarkable turnaround. The crisis triggered by the deadly coronavirus was the worst the petroleum industry has ever seen. Fuel demand crashed by a fifth, prices slumped below zero, producers fought viciously over customers, …
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