West Texas Intermediate was little changed above $80 a barrel after declining by almost 2 per cent on Tuesday
OPEC expects that it will need to pump an average of 28.92 million barrels a day of crude to satisfy demand during the fourth quarter
Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns
Vaccines from companies including Pfizer, Moderna and AstraZeneca have slashed hospitalisations and deaths, with more than 12 billion doses administered across the planet
The nationwide case count has risen to 908,205
Dubai Airports CEO said demand this year could surprise on the upside
Oil has rallied more than 10 per cent so far this year
Oil has roared higher in the opening days of the new year as concerns about the pandemic, especially the impact of the omicron variant, have eased off
Brazil will develop vaccines for diseases such as dengue, chikungunya and yellow fever, which are prevalent in tropical countries
Prior booking for receiving the jab is required through the SEHA app