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WTI oil price hits 2014 peak after Opec+ talks fail

WTI oil price hits 2014 peak after Opec+ talks fail
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.

Oil drops sharply after OPEC cancels meeting

Oil drops sharply after OPEC cancels meeting
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Iraqi oil minister says BP and Lukoil mulling exits

Frankly Speaking: Emirates Airline head Tim Clark expects return to ‘full capacity’ by summer of 2022 Once the pandemic is over, there will be a tsunami of demand from people wanting to travel, Clark told Arab News Appearing on Frankly Speaking, he also offered advice on Saudi plans for launching a second international airline Updated 04 July 2021 July 04, 2021 19:53 DUBAI: Emirates will be back to full capacity by next summer as the pandemic-stricken aviation industry enjoys an “exceptional surge” in passenger numbers, Sir Tim Clark, the airline’s president, told Arab News. “Taking the short-term view, I think we’ve got another six months of difficulty. If you ask me about the summer of 2022, I’m fairly confident that next year we’ll see a completely different picture, and that certainly airlines like Emirates will have restored themselves to full capacity, albeit possibly six months later than we originally thought,” he said.

Turkey unlikely to follow Arab nations in shifting gears over Syria, analyst says

May 15 2021 07:43 Gmt+3 Last Updated On: May 15 2021 07:44 Gmt+3 Turkey is unlikely to make a major shift in its Syria policy despite Arab countries indicating they are ready to bring Damascus back into the fold, according to analyst Sinem Cengiz. Writing for Arab News on Friday, Cengiz said bilateral talks initiated across the Middle East in recent months were part of a “Biden effect”, which had paved the way for the promotion of democratic values throughout the region.   Turkey and Egypt began a normalisation process last week after eight years of tense relations. While Saudi Arabia and Iran had begun direct talks through Iraqi mediation that officials hope will diffuse tensions, Cengiz said.

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