The Americas region of the OECD bloc, led by the US, will be the largest contributor to oil demand growth this year as the world s biggest economy continues to recover from the pandemic, Opec said.
Its growth will be supported by rebounding transportation fuels, mainly gasoline and healthy light- and middle-distillate requirements , the group said.
In spite of the growth, oil demand growth in the region is not expected to fully recover to pre-pandemic levels.
Demand in the non-OECD region is expected to rise by 3.3 million bpd, with China taking the lead. India, which is in the grips of a debilitating second wave of the pandemic, will follow in terms of growth.
MANILA: Philippine officials have allowed the reopening of gyms, skating rinks, racket courts and museums in metropolitan Manila and adjacent provinces as a coronavirus surge continues to ease.Trade Secretary Ramon Lopez says Filipinos 65 years old and above who have been restricted to home can now travel within the densely populated capital region two weeks after having been
BENGALURU: We have never studied cinema or filmmaking, but we are heavily inspired by theater and by filmmakers like Majid Majidi, Michael Haneke, and Abbas Kiarostami. The opening scene of our short film “One of us left the photo” is a table laden with different breakfast items, showing the assimilation of European and Arab cultures. The protagonist is a Syrian refugee who
DUBAI: The theme of the 2021 Venice Biennale of Architecture is ‘How will we live together? The question posed by curator Hashim Sarkis resonates deeply as the COVID-19 pandemic continues. In response, the curators of the UAE Pavilion architects Wael Al-Awar and Kenichi Teramoto present “Wetlands,” which includes a structure that explores sea salt as a locally sourced
GENEVA: Tens of thousands of malnourished children risk dying in hard-to-reach areas of Ethiopia's troubled Tigray region, now hit by famine, the United Nations said Friday. "Without humanitarian access to scale up our response, an estimated 30,000-plus severely malnourished children in those highly inaccessible areas are at high risk of death," UNICEF spokesman James Elder