AIRLINK 207.89 Decreased By ▼ -4.93 (-2.32%)
BOP 10.24 Decreased By ▼ -0.01 (-0.1%)
CNERGY 6.79 Decreased By ▼ -0.21 (-3%)
FCCL 33.41 Decreased By ▼ -0.06 (-0.18%)
FFL 17.05 Decreased By ▼ -0.59 (-3.34%)
FLYNG 21.75 Decreased By ▼ -0.07 (-0.32%)
HUBC 129.30 Increased By ▲ 0.19 (0.15%)
HUMNL 14.05 Increased By ▲ 0.19 (1.37%)
KEL 4.74 Decreased By ▼ -0.12 (-2.47%)
KOSM 6.80 Decreased By ▼ -0.13 (-1.88%)
MLCF 42.96 Decreased By ▼ -0.67 (-1.54%)
OGDC 215.98 Increased By ▲ 3.03 (1.42%)
PACE 7.15 Decreased By ▼ -0.07 (-0.97%)
PAEL 42.42 Increased By ▲ 1.25 (3.04%)
PIAHCLA 16.88 Increased By ▲ 0.05 (0.3%)
PIBTL 8.40 Decreased By ▼ -0.23 (-2.67%)
POWER 8.80 Decreased By ▼ -0.01 (-0.11%)
PPL 185.00 Increased By ▲ 1.97 (1.08%)
PRL 39.30 Decreased By ▼ -0.33 (-0.83%)
PTC 24.80 Increased By ▲ 0.07 (0.28%)
SEARL 98.05 Increased By ▲ 0.04 (0.04%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 40.80 Decreased By ▼ -0.93 (-2.23%)
SYM 18.35 Decreased By ▼ -0.51 (-2.7%)
TELE 9.18 Increased By ▲ 0.18 (2%)
TPLP 12.25 Decreased By ▼ -0.15 (-1.21%)
TRG 65.90 Increased By ▲ 0.22 (0.33%)
WAVESAPP 10.85 Decreased By ▼ -0.13 (-1.18%)
WTL 1.83 Increased By ▲ 0.04 (2.23%)
YOUW 4.04 Increased By ▲ 0.01 (0.25%)
BR100 11,838 Decreased By -28.2 (-0.24%)
BR30 35,888 Increased By 191.2 (0.54%)
KSE100 113,848 Decreased By -300.9 (-0.26%)
KSE30 35,829 Decreased By -122.8 (-0.34%)
Markets

OPEC reaches deal to raise oil output from July

VIENNA: OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group an
Published June 22, 2018

VIENNA: OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.

The output gain is nominal. The real increase will be smaller because several countries that recently under produced oil will struggle to return to full quotas while other producers will not be allowed to fill the gap, OPEC sources have said.

Copyright Reuters, 2018

Comments

Comments are closed.