OPEC+ makes another large oil output hike in market share push
LONDON, Aug 3 (Reuters): OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia.The move marks a full and early reversal of...
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BARI holds photo exhibition of July Revolution
Bangladesh Agricultural Research Institute (BARI) organised a photo exhibition titled "July Revolution Photo Exhibition-2024" at the main gate of the administrative building of BARI on Sunday to commemorate the July Revolution 2024 and pay tribute to the martyrs. BARI Director General Dr Md Abdullah Yousuf Akhond inaugurated the photo exhibition...
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Pakistan to buy first-ever US oil cargo in deal with Vitol
KARACHI/SINGAPORE, Aug 3 (Reuters): Pakistan's largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, Cnergyico's Vice Chairman Usama Qureshi said on Friday, the country's first-ever purchase of US crude following a landmark trade deal.The West Texas Intermediate light crude cargo will be loaded from Houston...
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India to keep buying Russian oil despite Trump's threats
NEW DELHI, Aug 3 (AP): India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump.The Indian foreign ministry said its relationship with Russia was "steady and time-tested," and should not be seen through the prism of a third country.Addressing a weekly presser...
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Russia could face gasoline shortages despite export ban
MOSCOW, Aug 3 (Reuters): Russia could face gasoline shortages in August despite an export ban, as low domestic stocks, peak seasonal demand and repair work at domestic refineries affect the market, trade sources said on Friday.The ban, imposed on Monday and intended to last until August 31, is aimed at...
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