OPEC+ adds 548,000 bpd in August

[ad_1] Listen to article LONDON: OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and US attacks on Iran. The group, which pumps about half of the world’s oil, has been curtailing production … Read more

Oil steadies on reports of OPEC+ August output hike

[ad_1] HOUSTON: Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the week in their biggest drop since March 2023. Brent crude futures settled at $67.77 a barrel, up 4 cents, or … Read more

Punjab extends vehicle emission testing deadline to August 31

[ad_1] Listen to article The Punjab Environmental Protection Agency (EPA) has extended the deadline for vehicle emission testing until 31 August, providing motorists with additional time to meet environmental standards. The original deadline of 30 June was pushed back due to an overwhelming response at testing booths, according to Imran Hamid Sheikh, Director General of the EPA … Read more