An increasing number of homeowners across the UAE are looking to set up luxurious home theatres, state-of-the-art music lounge’s and prime gaming zones say industry experts...
(Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder...
(Bloomberg) — The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the world’s largest economies. Onshore tanks in many markets...
(Bloomberg) — Emirates, the world’s biggest long-haul airline, is looking at grounding the bulk of its 115 Airbus SE superjumbos as the coronavirus undermines global travel demand,...
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed during the...
An International Air Transport Association (IATA) data report shows that the global air freight market contracted by 3.2% in July this year, compared to the same...
