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.
US court rules Meta, other tech firms must face thousands of social media addiction lawsuits
US judge dismisses criminal case against Indian billionaire Adani
Abu Dhabi and Dubai explore seamless parking integration
Global Village opens registration for F&B outlets
UAE advances agentic AI project targeting 50% of government operations
