supply

The US has told Lebanon it should not fear a sanctions law over its plans to receive energy supplies from the region, according to a statement from Prime Minister Najib Mikati’s office on Friday. US ambassador to Lebanon, Dorothy Shea,…
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South Korea on Thursday received its first supply of Pfizer’s antiviral COVID-19 pills to treat patients with mild or moderate symptoms. Health officials have described the Paxlovid pills as a potentially important tool to suppress…
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France launched a preparatory framework to establish an investment fund dedicated to developing its mining industry. The fund’s main target will be to secure the country’s strategic supply of minerals and metals, le Figaro reported. With…
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Emirates Global Aluminium (EGA) said on Thursday it has signed a three-year deal to supply China’s Bosai Group with “several million tons” annually of bauxite from Guinea. Bauxite, the main aluminum ore, is refined into alumina, which is…
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Oil fell on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained. Brent crude was down 14 cents or 0.2…
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Algeria has said it is ready to divert all its Spain-bound natural gas exports via an undersea pipeline that bypasses Morocco, state media said, days after Algiers cut ties with its North African rival. In a meeting with Spanish…
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France has established a “maritime bridge” to provide COVID-19 vaccines and medical oxygen to Tunisia, which is in the midst of one of Africa’s worst coronavirus outbreaks. In the past five days, France has flown 1.1 million vaccine…
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Oil prices eased on Friday but were poised to end the week largely steady after rebounding from a sharp drop earlier in the week, underpinned by expectations that supply will remain tight as demand recovers. Brent crude futures fell 23…
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Britain’s supermarkets, wholesalers and haulers were struggling on Thursday to ensure stable food and fuel supplies after an official health app told hundreds of thousands of workers to isolate themselves after contact with someone with the…
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OPEC+ talks on Friday about a deal to gradually increase oil supply during the rest of this year were postponed until Monday, as members failed to agree on new terms to accommodate requests from some countries. The group, an alliance of…
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