Oil demand set to rebound in 2021

Saturday, 21 November 2020 - 15:19

Oil prices are set to rebound in 2021 as optimism grows around a Covid-19 vaccine and OPEC looks to extend its production cuts.

The Brent Crude price stands at 44.45 US dollars per barrel while the US benchmark WTI Crude was priced at 41.78 USD.

While oil demand in Europe and the United States continues to disappoint, refiners in Asia are racing to procure crude from around the world, giving the oil market some hope that at least in one region, demand is strengthening in the fourth quarter.

Cases to be expedited to reduce prison congestion
Wednesday, 02 December 2020 - 17:24

IGP has directed all senior police officers to file plaints against drug users by Monday on the advice of the Attorney General.The Police Media Spokesman... Read More

Japan to provide free Covid-19 vaccines to their citizens
Wednesday, 02 December 2020 - 17:36

A bill to provide coronavirus vaccinations free of charge with the central government covering the cost was passed in the Diet, offering a key plan to... Read More

Navy ready to face Cyclonic storm 'Burevi'
Wednesday, 02 December 2020 - 17:29

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