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fuel costs

Saudi Says $100 per Barrel Great Price for Oil

Saudi Says $100 per Barrel Great Price for Oil

Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year, Oil Minister Ali al-Naimi said on Sunday.

May 13, 2012 9:20
 
Why higher petrol prices are good for the UAE

Why higher petrol prices are good for the UAE

Further hikes in fuel costs would make public transit more attractive and have additional benefits down the road, says Katherine Azmeh.

April 25, 2010 12:04