Emirati Jiu-Jitsu stars win 23 medals, athletes grab 11 medals, and People of Determination excel with 14 medals
Governments have spent large to revive sick economies in the past year, and as countries emerge from recession, those packages were expected to wind down. That could crimp oil demand recovering after two years of recessionary contraction.
“That is something we are watching closely,” said IEA Deputy Executive Director Richard Jones in an interview with Reuters on the sidelines of an energy conference. “We think these are downward risks to demand.”
China, the world’s second-largest energy consumer, rattled global markets last week when it increased bank reserve requirements, sparking concern it would further tighten monetary policy. That could in slow its energy demand.
The IEA forecast oil demand to grow by 1.4 million barrels per day (bpd) in its monthly oil report last week, with total demand of 86.3 million bpd at its highest since 2007.
The oil market was “pretty well supplied” so Opec was unlikely to change output at its March meeting, he said.
“We see similar action in March as we saw in the last few meetings, which is to leave things as they are,” Jones said.
Qatar’s oil minister said on Monday it was unlikely that Opec would cut production at its March meeting. —
Emirati Jiu-Jitsu stars win 23 medals, athletes grab 11 medals, and People of Determination excel with 14 medals
The first of seven phases, Friday's vote covered 166 million voters in 102 constituencies across 21 states and territories
The unique showcase brings together a diverse lineup of comedians from India and Pakistan, promising an hour of non-stop entertainment
Work teams across all customs centres continued to process cargo clearance and inspections
The UN chief urges international community to work together to prevent any actions that could push the entire Middle East over the edge
This punishment sent out a message to all teams of the importance of maintaining a healthy pace throughout a match
Only 10 of Gaza's 36 hospitals are currently even partially functioning
The updated Meta AI assistant will be given more prominent billing within Meta's Facebook, Instagram, WhatsApp and Messenger apps