Vienna,(AFP/APP):OPEC members, led by Saudi Arabia, and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and coronavirus lockdowns ease.The 13-member cartel and its allies, notably Russia, decided to extend by a month deep May ...

Mexico, (AFP/APP):Mexico on Saturday refused to extend a cut in oil production to the end of July which was agreed by OPEC members and other key producers.                  The Organization of the Petroleum ...

London,(AFP/APP):OPEC and its allies are to meet via video conference Saturday to assess their current deal to slash production as oil prices tentatively recover on easing coronavirus lockdowns. ...

Vienna,(AFP/APP):Top oil producing countries will meet via video conference on Saturday instead of next week, a source close to OPEC said Friday, to assess their current agreement on output cuts, as oil prices recovered somewhat on easing coronavirus ...

Saudi Energy Minister Khalid al-Falih said OPEC would  meet in the first week in July in Vienna and  he hoped it would reach consensus on extending its agreement to cut oil output. Falih said earlier this month that OPEC was close to agreeing to extend the agreement beyond June although ...

NEW DELHI: India’s industrial output  in April grew 3.4pc from a year earlier, government data showed. Analysts polled by Reuters had forecast April industrial output growth at 0.8pc. Industrial output for 2018/19 grew at 3.6pc.

DUBAI: Saudi Energy Minister Khalid al-Falih said consensus was emerging among the OPEC+ group of oil producers to continue working towards oil market stability in the second half of the year, the Saudi-owned Arab News newspaper reported on Monday. Oil prices in May sustained their worst monthly ...

RIYADH: Saudi Arabia has no immediate plans to raise oil output after the United States ends sanctions waivers for buyers of Iranian crude, energy minister Khalid al-Falih said Wednesday. “(Global) inventories are continuing to rise despite what’s happening in Venezuela and tightening ...

BEIJING: The cumulative energy output of Port Qasim coal-fired power plant is up to 7.559 billion kWh with its aggregate grid output of 7.1 billion kWh. The power generation capacity of Port Qasim power plant is equivalent to 10% of the current national power generation capacity in Pakistan, which ...

ISLMABAD - Pakistan beats India and China in the global research output in 2018. Pakistan has shown the largest percentage increase in research output in 2018. According to the report of the Institute for Scientific Information, Clarivate Analytics for Nature, emerging economies showed some of ...