The addition of Moscow will take Emirates’ global network to 85 cities in September
As the Covid-19 pandemic dented international travel and tourism, companies look to capture domestic spending that normally goes abroad
While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile
The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day
Brent crude, the international benchmark, fell 2.5 per cent to $41.23 a barrel at 4.29pm in London, erasing earlier gains
Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel
All the member nations signed off on a new deal for a production cut of 9.6 million barrels a day next month
While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain
Production cuts are meant to be eased to about 7.7 million barrels a day in July
Producers have lowered global oil supply by around 14-15 million barrels a day
US crude stockpiles rose for a 15th week, although at a slower pace, while supplies at the Cushing storage hub expanded
The accord caps a tumultuous month when Brent crude plunged to its lowest in nearly two decades, falling toward $20 a barrel
The flights operated to Afghanistan, Croatia, Egypt, Iran, Russia, Sudan, Somaliland and Thailand
Benchmark Brent crude has plunged 48 per cent this year