Global  

Brent falls below $40 amid weak demand

WorldNews Tuesday, 8 September 2020 ()
Brent falls below $40 amid weak demandBrent, the international benchmark for crudel, fell below $40 during the second day of trading, for the first time since June 25, as prices remained depressed over a weak demand outlook. Slow pick-up in demand from Asia as well and higher supply from Opec+ producers from August onwards led to weaker prices. Brent, under which two-thirds of global crude is traded, was down 4.95 per cent to $39.93 per barrel at 5.57pm UAE...
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 One News Page Knowledge: Other News Mentions

Asia Asia Continent

What is killing off the African savannah elephants?

Warning: Photos may be distressing Parks authorities in Zimbabwe say that the recent deaths of elephants have been caused by a bacterial disease that has..
New Zealand Herald

China, Trump’s Public Enemy Number One: US Judge Halts TikTok Ban

Both right wings of the US one-party state consider China public enemy No. One for its growing prominence on the world stage. Notably from Obama’s 2013 Asia..
WorldNews
The Largest Urban Farming Green Roof in Asia [Video]

The Largest Urban Farming Green Roof in Asia

This is the largest urban farming green roof in Asia. It is the work of Bangkok-based landscape architecture firm Landprocess along with a team of engineers and designers. The landscape architect helped Thammasat University envision and implement a climate solution with Asia’s largest organic rooftop farm—Thammasat Urban Rooftop Farm (TURF). Repurposing 236,806 sq. ft. of wasted rooftop space, the design integrates modern landscape architecture with the agricultural ingenuity of traditional rice terraces.

Credit: Cover Video STUDIO    Duration: 00:49Published
A cheaper, faster COVID-19 test [Video]

A cheaper, faster COVID-19 test

A method for fast, cheap, yet accurate testing for COVID-19 infection has been developed by a team of researchers. The method simplifies and frees the testing from expensive reaction steps, enabling upscaling of the diagnostics. This makes the method particularly attractive for places and situations with limited resources. It is equally interesting for repeated testing and for moving resources from expensive diagnostics to other parts of the care chain. The study led by researchers at the Karolinska Institutet was published in the journal Nature Communications."We started working on the issue of developing a readily available testing method as soon as we saw the developments in Asia and southern Europe, and before the situation reached crisis point in Sweden," says principal investigator Bjorn Reinius, research leader at the Department of Medical Biochemistry and Biophysics at Karolinska Institutet. "Our method was effectively finished already by the end of April, and we then made all the data freely available online."The spread of the new coronavirus at the end of 2019 in China's Wuhan region quickly escalated into a global pandemic. The relatively high transmission rate and a large number of asymptomatic infections led to a huge, worldwide need for fast, affordable, and effective diagnostic tests that could be performed in clinical as well as non-clinical settings.

Credit: ANI    Duration: 01:36Published

OPEC OPEC International organization of petroleum-exporting countries

As OPEC turns 60 oil demand drop steepens [Video]

As OPEC turns 60 oil demand drop steepens

As OPEC celebrates its 60th birthday, the group warns that oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and recover more slowly than expected next year. Ciara Lee reports

Credit: Reuters Studio    Duration: 01:39Published

United Arab Emirates United Arab Emirates Country in Middle East

‘Balochistan facing pandemic of impunity’: Activist exposes Pakistan at UNHRC [Video]

‘Balochistan facing pandemic of impunity’: Activist exposes Pakistan at UNHRC

Activist Munir Mengal has exposed Pakistan’s atrocities in Balochistan during his speech at the UNHRC. Her said that enforced disappearances continue unabated and with absolute impunity. He added that Pakistan or UN body has not helped people of Balochistan and urged people to take notice of what has been happening in the region. ‘The situation has already worsen, I present some cases, just take the case of Rashid Hussain Brohi who was taken under detention by the UAE agencies having all the evidences and he was also documented by UN Working Group on Enforced Disappearances, who later on was handed over to Pakistan secretly and illegally. In June 2019, Pakistani agencies and media claimed that Rashid Hussain is under custody of Pakistan. Since then no information about his fate and nor he has been presented to any court of justice,’ the activist said. Mengal added that the number of victims is in thousands and include Baloch political and human rights activists, students, females, kids and even infant and called for action from UN bodies. Watch the full video for all the details.

Credit: HT Digital Content    Duration: 02:23Published
Baloch activist raises issue at UN, says 'Balochistan facing pandemic of impunity' [Video]

Baloch activist raises issue at UN, says 'Balochistan facing pandemic of impunity'

While speaking at the 45th session of the Human Rights Council, Baloch activist and President of Baloch Voice Association, Munir Mengal urged the UN working body on enforced disappearances to take appropriate actions to ensure stringent action against Pakistan for the safe recovery of Baloch missing persons. Mengal said, "My NGO brings the attention of this council and UN bodies for application of adopted mechanisms for the recovery of victims of enforced disappearances in Pakistan.The cases of Baloch Missing persons registered with UN working body on enforced disappearances yet the their family members have not heard any information neither from the Pakistani state nor from this august UN body. The situation has already worsen, I present some cases, just take the case of Rashid Hussain Brohi who was taken under detention by the UAE agencies having all the evidences and he was also documented by UN Working Group on Enforced Disappearances, who later on was handed over to Pakistan secretly and illegally." "In June 2019, Pakistani agencies and media claimed that Rashid Hussain is under custody of Pakistan. Since then no information about his fate and nor he has been presented to any court of justice. Similarly, Zahid Kurd Baloch, a student leader was whisked away by Pakistani uniformed security forces from Balochistan University in front of many witnesses on March 18, 2014 since then no information about him. On June 28, 2009, Dr Deen Mohd was taken from Government Hospital premises till date no information about him," the activist added. "The number of victims is in thousands which include Baloch political and human rights activists, students, females, kids, infants and the practice of disappearing is going on daily basis. The silence of judiciary and lack of interest from UN bodies has accelerated the culture of disappearing with impunity. Baloch kids have grown up in protest camps asking for recovery of their family members. Balochistan is facing a pandemic of impunity and abuse of rights. I urge UN Working Body on enforced disappearances to take appropriate and effective measure against Pakistan for safe recovery of Baloch missing persons," Munir Mengal further stated.

Credit: ANI    Duration: 01:45Published

United Arab Emirates to launch spacecraft to moon in 2024

A top official in the United Arab Emirates on Tuesday said his country plans to send an unmanned spacecraft to the moon in 2024. Sheikh Mohammed bin Rashid Al..
WorldNews
Starbucks: No Pumpkin Spice Latte, Hundreds Of Stores [Video]

Starbucks: No Pumpkin Spice Latte, Hundreds Of Stores

Photo by Tom Dulat/Getty Images Starbucks is not bringing its Pumpkin Spice Latte back to stores in the Middle East this year. "Unfortunately, PSL won't be available this year due to Business and Operations reasons," Starbucks Middle East wrote on Facebook. But, in the Middle East — where the chain has hundreds of stores in countries including the United Arab Emirates, Kuwait, and Qatar — the iconic autumnal beverage is nowhere to be seen.

Credit: Wochit News    Duration: 00:34Published
Anything is chaseable in IPL: Sanju Samson after registering highest-ever successful chase [Video]

Anything is chaseable in IPL: Sanju Samson after registering highest-ever successful chase

Rajasthan Royals (RR) won by 4 wickets against Kings XI Punjab in the ninth match of IPL-2020 in UAE's Sharjah at Sharjah Cricket Stadium on September 27. While addressing the post match press conference in Sharjah, the wicket-keeper batsman of Rajasthan Royals squad, Sanju Samson spoke about chasing a total of 224 runs. Sanju said, "You need extra bowler in a batsman paradise like Sharjah as you never know that which bowler is going to go for runs." "If you are batting second in a small ground then you are one step ahead from your opponents and anything is chaseable in IPL," he added.

Credit: ANI    Duration: 01:31Published

Tweets about this