Crude prices rebounded on Monday, one day after after Algeria’s energy minister said all options were possible to address the surplus of oil. “We will not come out of the meeting empty-handed,” said Algerian energy minister Noureddine Bouterfa, addressing fellow members of the Organization of the Petroleum Exporting Countries (OPEC). His announcement came after prices plunged by almost 4 per cent on Friday. OPEC members will meet in the Algerian capital, Algiers, this week to discuss a possible deal to limit crude output.
Expo City Dubai issues UAE’s first green licences
ADNOC Distribution to acquire South African fuel network in $1 billion deal
US judge rejects Elon Musk's bid to set aside Twitter fraud verdict
OPEC+ approves further output increase as Hormuz exports start to recover
UAE thwarts advanced cyberattacks targeting financial sector
