ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received …
Read More »Oil nears 4-month high on Opec commitment to cuts
Bloomberg Oil gained for a second straight week as Opec assured traders it’s committed to culling supplies ahead of a key meeting with allies in Azerbaijan this weekend. Futures advanced 4.4 percent in New York and settled just pennies off a four-month high. Opec self discipline and a surprise reduction in US crude inventories signalled tightening supplies, but concern that …
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