Woqod opens new petrol station
23 Dec 2020 - 16:43
The Peninsula
Doha: Qatar Fuel (Woqod) opened a new petrol station, today, as part of its ongoing expansion plans to be able to serve every area in the country. The newly-launched Al Mearad-4 petrol station has raised its network of petrol stations to 107.
Woqod’s Managing Director & CEO, Saad Rashid Al Muhannadi, said: “We are pleased to open a new petrol station in Al Mearad-4, Woqod aspires to expand its network in the country to meet the rising demand for petroleum products and achieve the goal of providing customers with access to best-in-class products and services at their convenience and comfort. Woqod team would like to extend their gratitude to all concerned governmental and private entities that contributed to the completion of this project.”
Stock Markets Dip on Fear of New UK Strain News Published December 22nd, 2020 - 01:30 GMT
The variant, which officials say is up to 70 per cent more transmissible than the original, also prompted concerns about a wider spread. (Shutterstock)
Highlights
Resurgent virus fears overshadow US stimulus agreement; oil slips
Stock markets across the globe, including most Middle Eastern share indices, suffered a dip on Monday as a fast-spreading new coronavirus strain in Britain stoked fears that a resurgence of the pandemic could derail the pace of recovery.
The variant, which officials say is up to 70 per cent more transmissible than the original, also prompted concerns about a wider spread.
Stock markets face new strain
Resurgent virus fears overshadow US stimulus agreement; oil slips
Stock markets across the globe, including most Middle Eastern share indices, suffered a dip on Monday as a fast-spreading new coronavirus strain in Britain stoked fears that a resurgence of the pandemic could derail the pace of recovery.
The variant, which officials say is up to 70 per cent more transmissible than the original, also prompted concerns about a wider spread.
Brent crude was down $2.23, or 4.3 per cent, at $50.03 by 1421GMT, while US West Texas Intermediate crude fell $2.21, or 4.5 per cent, to $46.89.
“The new strain of coronavirus in the UK has shown us that the vaccine optimism holding Brent above $50 per barrel could be deflated in a fleeting moment,” said Rystad Energy’s analyst Louise Dickson.