iPhone | iPad
Android
Huawei
The said delays are expected between the intersection of Hatta Road and Al Ain Road towards Abu Dhabi
KT APPDOWNLOAD
Oil prices slip as traders await OPEC meeting
LONDON - World oil prices fell on Monday, holding under 89 dollars a barrel, as traders looked ahead to this week’s crucial production meeting of crude producers’ group OPEC.
New York’s main contract, light sweet crude for January delivery, sank 35 cents to 88.36 dollars per barrel.
Brent North Sea crude for January slid 16 cents to 88.10 dollars.
Last week, prices had plunged on speculation that OPEC might ramp up production, analysts said. The sharp drop came despite an explosion on a key pipeline linking Canada with the United States.
‘There is still quite a bit of uncertainty as to what OPEC will do on Wednesday when they meet in Abu Dhabi but the market has already priced in an expected boost in production,’ said Victor Shum of energy consultancy Purvin and Gertz.
With prices now off their record peaks, the pressure on OPEC to raise its output has eased considerably, according to Shum.
OPEC ministers were due to start arriving in Abu Dhabi on Monday to decide whether the 13-member organisation would boost oil supplies.
More news from
Veerendra Kumar said he was cheated by a job agent who had promised him a job in Qatar but sent him to Saudi
The government authority announced the road closure on social media platform X
Around 800,000 passengers are expected to be affected over the weekend as the damage is heavy and labour-intensive to repair
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call
The application will be operational from Thursday, August 1