iPhone | iPad
Android
Huawei
Kejriwal was first taken into custody in March by India's financial crime-fighting agency, weeks before the country's national elections
KT APPDOWNLOAD
Opec cuts oil production steeply
With the supply cut delivered in January, Opec has achieved 86 per cent compliance with pledged reductions.
In a monthly report, Opec said its oil output fell almost 800,000 barrels per day in January to 30.81 million bpd. That is still slightly more than the expected 2019 demand for Opec crude, which the group lowered to 30.59 million bpd.
In the report, Opec cut its forecast for 2019 world economic growth by 0.2 percentage point to 3.3 per cent and highlighted a range of headwinds, including a slowdown in global trade.
"Some recent positive developments could support the global economy at its current level, including the recovery in oil prices, possible progress in US-China trade negotiations and less-ambitious monetary tightening by the US Federal Reserve," Opec said. "Nevertheless, this would not lift the global economy beyond the growth forecast."
With the supply cut delivered in January, Opec has achieved 86 per cent compliance with pledged reductions, according to a Reuters calculation. This rate could rise in coming months as Saudi Arabia voluntarily lowers supply by more than it agreed.
Saudi Arabia plans to pump around 9.8 million bpd in March, more than 500,000 bpd below its target under the deal, its energy minister told the Financial Times. World oil demand will grow more slowly this year, Opec said, and non-Opec production will rise more rapidly than expected.
Opec forecast global oil demand would grow by 1.24 million bpd, down 50,000 bpd from last month. - Reuters
More news from
The workers' first strike since 2008 will start at midnight Pacific time on Friday
Considerations are at an early stage and Blackstone may still decide against pursuing a deal, a report said
Temperatures could be as low as 28ºC in Abu Dhabi and 29ºC in Dubai and 24ºC in internal areas
How to tackle the growing crisis of loneliness in a connected world
The good news is that many children who exhibit signs of Still Face Syndrome improve significantly when their screen time is reduced
Gul Khan Restaurant quickly gained popularity, renowned for its Chapli kebabs and traditional Pakistani dishes
The Israeli police said it had launched an investigation into the cause of the explosion