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24% reduced demand for gasoline during the curfew


24% reduced demand for gasoline during the curfew
February 27, 2021
Anwar Gasim, researcher in the Climate and Environment Program at the King Abdullah Petroleum Studies and Research Center (KAPSARC).
RIYADH Anwar Gasim, a researcher in the Climate and Environment Program at the King Abdullah Petroleum Studies and Research Center (KAPSARC), revealed that the demand for kerosene decreased by 46% and gasoline by 24% in March 2020 compared with the same month in 2019, due to the COVID-19 restriction measures that Saudi Arabia had taken in that month.
He explained to the Al-Watan newspaper that the demand for liquefied petroleum gas (LPG), diesel, fuel oil and other oil products did not change during that period. LPG is used in the residential sector and in bakeries as cooking gas, and in the petrochemical sector as feedstock. ....

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Tourism Holdings pays down debt with accounts pummelled by Covid


Tourism Holdings pays down debt with accounts pummelled by Covid
25 Feb, 2021 08:30 PM
4 minutes to read
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
Tourism Holdings has significantly reduced debt after a disastrous year for tourism-related companies but will likely seek further funding as it re-invests in a new vehicle fleet.
The company posted a net loss after tax of $1.77 million for the six months ending December 31 and an underlying net loss of $3m, down from a profit of $13.1m for the same period last year.
Total revenue fell 1 per cent to $205.8m, driven by growth in vehicle sales. But international rental revenue plunged 50 per cent to $64.8m. ....

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Dubai bus crash: 7-year jail term for Omani driver reduced to 1 year


Dubai bus crash: 7-year jail term for Omani driver reduced to 1 year
Web report/Dubai
Filed on February 25, 2021
The court ordered the driver to pay Dh3.4 million as blood money and a fine of Dh50,000
The sentence of an Omani bus driver, who was found guilty of causing the deaths of 17 passengers in 2019, has been commuted from seven years to one year in prison, Emarat Al Youm reported on Thursday.
The accident that occurred in June 2019 claimed the lives of 17 passengers and injured 13 others.
Investigations revealed that the 55-year-old driver was driving the bus at 94 km/hr at the time, exceeding the speed limit by more than double. ....

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The Magno-Blanket is probably able to relieve arthritic pain in older : Critical Reasoning (CR)

The Magno-Blanket is probably able to relieve arthritic pain in older dogs. A hospital study of people suffering from severe joint pain found that 76 . ....