Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
Oil Prices Decline Amid Expectations of Increased Venezuelan ProductionSingapore, 6 Jan 2026 (ONA) — Oil prices declined today as traders assessed the possibility of increased Venezuelan crude oil production, boosting expectations of ample global supply this year amid weak demand. Brent crude futures fell 0.2% to $61.62 per barrel, while US West Texas Intermediate crude was priced at $58.15 per barrel, down 0.3%. Venezuela is a founding member of the Organization of the Petroleum Exporting Countries (OPEC) and holds the world’s largest oil reserves, estimated at around 303 billion barrels. The country’s average oil production last year reached 1.1 million barrels per day.— Ends/Khalid
