Oil prices recover from slump after OPEC+ cuts
Oil prices pared losses on Friday, after falling sharply in early trade and by over 2% on Thursday on perceptions that the voluntary oil output cuts agreed by OPEC+ producers were underwhelming, reports Reuters.Brent crude futures for February rose 6 cents, or 0.1%, to $80.92 a barrel by 0820 GMT....
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Chartered Day celebrated in ctg
CHATTOGRAM, Dec 01: Rotary Club of Chittagong Aristocrat organised a day-long programme for the poor and underprivileged people at Kumira, Sitakunda in collaboration with GPH Ispat Limited to mark the Chartered Day on Friday.GPH Ispat Additional Managing Director Mohammad Almas Shimul, Rotary District Governor Engineer Matiur Rahman, District First Lady...
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Brazil invited to join OPEC+ from next yr
VIENNA, Dec 1 (AFP): Major oil producer Brazil has been invited to join OPEC+ from next year, officials announced on Thursday, following a meeting of the cartel to further slash production.Brazil is among the world's top 10 producers and has been the largest oil producer in Latin America since 2016.Its...
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Canada to buy up to 16 Boeing spy planes
OTTAWA, Dec 1 (AFP): Canada will buy up to 16 spy planes from Boeing to replace an aging fleet and counter adversaries' increasingly stealthy and lethal capabilities near its coasts and overseas, officials said Wednesday.The P-8A Poseidon aircraft -- which are used by the powerful Five Eyes intelligence alliance, to...
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