The breed, prized for profitability and an ability to adapt to climate change, garners celebrity status in the Central Asian country
asia2 hours ago
“We are becoming increasingly concerned at the continuing high level of oil prices, which does not properly reflect the underlying fundamentals of the market,” Shaikh Ahmad al-Fahd al-Sabah said in an English language statement in Kuwait City.
“Opec will be exploring various options for the September meeting which will hopefully contribute to moderate prices,” added Shaikh Ahmad, who is also Kuwait’s energy minister. He did not elaborate on the nature of these options. Shaikh Ahmad said oil resources and supplies are plentiful and Opec has been producing more than the call on Opec crude by 1.5 million barrels per day in the third quarter of 2005.
He said existing spare capacity in Opec countries, together with new capacity additions early next year, will be more than adequate to cover demand growth throughout the winter this year and in 2006. “Furthermore, demand is starting to slow down as a result of high prices,” he said. “In view of these fundamentals, one expects to witness some price moderation rather than any further rise,” Shaikh Ahmad added.
The breed, prized for profitability and an ability to adapt to climate change, garners celebrity status in the Central Asian country
asia2 hours ago
Thousands of schools have suspended classes due to the heat, affecting more than 3.6 million students, education ministry data shows
asia2 hours ago
Despite the growing market share of domestic automakers, Teslas remain among the best-selling EVs in the Asian country
auto2 hours ago
The entire plan will see cow-breeding and poultry projects come up near the massive wheat farm and the dairy farm will form the third phase
uae2 hours ago
Modi, 73, remains resoundingly popular after a decade in office, and he is widely expected to win a third term
asia2 hours ago
With over seven years of experience in branding and social media, and three years in motion graphics and editing, Arkan's expertise spans a wide range of creative domains
kt network3 hours ago
Names of leading brands in various sectors revealed in a new report by Brand Finance
uae3 hours ago
Four workers died when the drone struck a condensate storage tank at Khor Mor Complex, Dana Gas said in a statement to the ADX
mena4 hours ago