close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Current oil price not harmful to economies-Qatar

0

October 10, 2010 3:56 by



The global economy is not being harmed by oil prices at current levels, Qatar’s oil minister said on Sunday, adding that a price of between $70 a barrel and $85 was fair to producers and consumers.

“The current price is not harmful to the global economies,” Abdullah bin Hamad al-Attiyah told Reuters on the sidelines of a meeting of Gulf Arab oil ministers.

U.S. crude for November settled at $82.66 a barrel on Friday, having gained 1.32 percent on the week.

On Saturday United Arab Emirates Oil Minister Mohammed al-Hamli said there was still some oversupply in the market and he was unconcerned with oil prices above $80.

The oil price has stayed within a range of around $70-$85 a barrel for the past year — judged by many in OPEC to be high enough for producers who need to invest and low enough not to damage the world’s economy.

Oil ministers from the Gulf Cooperation Council were meeting in Kuwait ahead of an Oct. 14 meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna.

OPEC has not officially changed production policy since December 2008 when it responded to a price crash and a recession with its deepest ever supply cut.

(Reporting by Ahmed Hagagy; Writing by Amran Abocar; Editing by Greg Mahlich)



0

Tags: , , , , , ,

Leave a Comment