Jennifer Gnana

Iraq, Nigeria, Angola and Kazakhstan have until September to make compensatory cuts

The company will also help facilitate access to $1bn worth of financing through export credit

Prince Abdulaziz said oil markets showed “signs of improvement”, indicated by the drawdown of global inventories

Ms Freeland, a former journalist and Canada's deputy minister, is a champion of aggressive fiscal policy

Supply is likely to remain restricted as Opec+ maintains cuts until 2022, analysts say

Dr Al Jaber remains optimistic about oil demand recovery this year, citing 'robust' growth from China

The project allows for additional Abu Dhabi grades such as Upper Zakum to be processed alongside the flagship Murban at Ruwais

The link will span 164km and is part of Saudi Arabia's Vision 2030 strategy

Last week, the IEA revised its outlook for global oil demand down by 140,000 bpd

The renewable energy firm will develop projects in wind, solar and battery technology with EDF Renewables North America

The Paris-based agency expects demand to soften to 91.9 million bpd this year

Revenue from the company’s utilities business in the UAE remained unchanged

Fuel volumes feel as a result of mobility restrictions in place to prevent the spread of the coronavirus

Department of Energy figures show 2.2 million barrels have been reclaimed since the beginning of August

The company's capital spending for 2021 and beyond is set to be significantly lower than previous guidance of $40bn to $45bn