Gulf Times

4 days ago | gulf-times.com | Pratap John

The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the United States and other producers outside the wider Opec+ group in 2026. In its latest monthly report, Opec also left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions in April. It said the economic outlook was robust despite trade concerns.

6 days ago | gulf-times.com | Pratap John

Higher oil prices will likely support bank liquidity in Qatar, despite rising exposure to construction and real estate and persistent foreign funding risk, according to Oxford Economics.

6 days ago | gulf-times.com | Pratap John

LNG exports by GECF member countries and observers got a boost in May driven mainly by Qatar, the Gas Exporting Countries Forum said in its latest monthly report. The surge in Qatar’s LNG exports was supported by reduced maintenance activity compared to a year earlier, and production exceeding the facility’s nameplate capacity, GECF noted. In May, LNG exports from GECF member and observer countries jumped by 8.9% (1.31mn tonnes) y-o-y, reaching 16.11mn tonnes, which is a record high for the month.

1 week ago | gulf-times.com | Pratap John

Accommodating the strong demand for air travel requires new technologies, harmonised regulations, and fit-for-purpose infrastructure. The global body of airlines - IATA is collaborating with its members, industry partners and governments worldwide to enable airlines to deliver a more seamless, inclusive, and secure passenger experience while improving efficiency and lowering industry costs. Digital travel is a major component of this effort, the International Air Transport Association says.

1 week ago | gulf-times.com | Alex Macheras

There is no industry more exposed to the world’s chaos than commercial aviation. While volatility affects every global sector in some form, few are as susceptible to external, uncontrollable shocks as airlines. Whether it’s an overnight closure of Iran and Iraq’s airspace, a fuel price spike, a volcano in Iceland, or $1.3bn of blocked revenue trapped by foreign governments, the modern airline is perpetually operating in a state of calculated adaptation.