Tuesday, Mar 19 2024 | Time 09:20 Hrs(IST)
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World


Saudi determined to end oil glut, sees smooth exit for OPEC pact

RIYADH, Oct 24 (Reuters) The world's top oil exporter Saudi Arabia is determined to reduce inventories further through an OPEC-led deal to cut crude output and raised the prospect of prolonged restraint once the pact ends to prevent a build up in excess supplies.
Saudi Energy Minister Khalid al-Falih, speaking during an investment conference in Riyadh, said on Tuesday the focus remained on reducing the level of oil stocks in OECD industrialised countries to their five-year average.
The Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, have cut oil output by about 1.8 million barrels per day (bpd) since January. The pact runs to March 2018, but they are considering extending it.
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DPRK top leader guides super-large multiple rocket launcher battery firing drill

19 Mar 2024 | 8:52 AM

Seoul, Mar 19 (UNI) The top leader of the Democratic People's Republic of Korea (DPRK) guided a firing drill by the country's super-large multiple rocket launcher battery on Monday, the first company-level salvo firing demonstration of the powerful weapon, the official Korean Central News Agency (KCNA) reported Tuesday.

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Mine collapse traps 13 in Russia's Far East, rescue underway

19 Mar 2024 | 8:48 AM

Moscow, Mar 19 (UNI) Some thirteen people could be trapped under rubble after a mine collapse in Russia's Amur Region in the Far East, local emergency services said on Monday.

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U S -British coalition launches 10 airstrikes on Houthis in Yemen's Red Sea port

19 Mar 2024 | 8:43 AM

Sanaa, Mar 19 (UNI) Fighter jets of the U.S. and British naval forces stationing in the Red Sea waged ten airstrikes against Houthi military targets in Yemen's Hodeidah port city on Monday, residents and the Houthi-run al-Masirah TV reported.

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5 6-magnitude quake hits Pakistan - GFZ

5 6-magnitude quake hits Pakistan - GFZ

19 Mar 2024 | 8:27 AM

Islamabad, Mar 19 (UNI) An earthquake with a magnitude of 5.6 jolted Pakistan at 0035 GMT on Tuesday, the GFZ German Research Center for Geosciences said.

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