India Business News: Demand for gasoline, diesel and other fuels will reach a record 215.24 million tons in the 12 months through March 2022, according to estimates by the
Sheikh Ahmed Zaki Yamani obituary theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.
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Sheikh Ahmed Zaki Yamani, a former energy minister of Saudi Arabia who steered the kingdom s oil policies for nearly 25 years, has died in London. He was 90.
He will be buried in Makkah, where he was born. Sheikh Yamani was one of three children born to Hassan Yamani, a respected scholar of Islamic law and former grand mufti in Indonesia. His paternal ancestors came from Yemen.
“It is shocking; we still don’t believe it. It takes time,” Mai Yamani, 64, the eldest of his children, who was by his side when he died, told
The National. “Even with all the machines around him in the hospital, he was majestic.”
Oil cracks $50 per barrel level as Asian demand is back at pre-COVID levels
By: Times News Service
Muscat: Oil prices traded at a 9-month high level at around the US$50 per barrel mark backed by COVID-19 vaccine deployment across several countries, according to a new report.
Traders were excited on the expected impact on oil demand in the coming months as the rising cases of COVID-19 are countered with a successful vaccine, according to the Kuwait-based Kamco Invest, an investment strategy and research firm.
A Bloomberg report showed that European demand for oil and diesel is once again gaining pace after declining in November-2020. This further supported ongoing strong consumption in Asia and Latin America that more than offsets weak demand trend in the US.