World


OPEC+ announces larger-than-expected oil output increase

Vienna, May 31 (UNI) The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, announced on Saturday that they will increase oil output by 411,000 barrels per day (bpd) in July.
According to a statement on the OPEC website, the decision was made during a virtual meeting where member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, assessed global market conditions and outlook.
The OPEC+ countries had originally planned to raise output by 134,000 bpd in July as part of a plan to gradually unwind their most recent layer of output cuts.
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China offers Pak J-35 stealth aircraft, HQ-19 missile defence system

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Queen Camilla stays neutral amid ongoing rift between King Charles and Prince Harry

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