DUBAI: A Saudi program to sell or rent new homes that are still under construction is gathering pace with the award of 19 new licenses covering 17,000 units, SPA reported. Ten of the licenses issued in the first quarter by the "Wafi" program cover the allocation of 11,802 units belonging to the "Sakani" program in partnership with the private sector, said head of the off-plan
By Reuters Staff
2 Min Read
(Reuters) -U.S. crude oil stockpiles last week fell more sharply than expected as refining output rose and exports surged, the Energy Information Administration said on Wednesday.
FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant
Crude inventories fell by 8 million barrels in the week to April 30 to 485.1 million barrels, compared with analysts’ expectations in a Reuters poll for a 2.3 million-barrel drop.
Net U.S. crude imports fell by 2.8 million barrels per day, the EIA said. That move was largely due to a surge in exports to 4.1 million bpd, their highest since March 2020, from 2.5 million bpd the previous week.
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Oil and gas-focused private equity major EnCap Investments has raised $1.2bn to close its first fund targeting wind, so
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LONDON: More than 150 former UN officials and human rights experts have demanded that the UN conduct an inquiry into the 1988 massacre of political prisoners in Iran. The UN High Commissioner for Human Rights Michelle Bachelet received the letter, which said the extrajudicial killings “may amount to crimes against humanity.” The killings, which lasted for over five months,