Eight OPEC+ members agreed to raise oil production by 137,000 bpd in October, the group said in a statement on Sunday.
The group's statement cited steady global economic outlook and current healthy market fundamentals.
The countries will meet on October 5.
World Bank approves $1.1 billion emergency financing for Bangladesh
The World Bank approved $1.1 billion in emergency financing for Bangladesh to help secure food supplies, support vulnerable households and businesses due to the rising prices of fertiliser, fuel and food from the Middle East conflict.
Abu Dhabi partners with Boehringer Ingelheim to advance precision medicine
The Department of Health - Abu Dhabi has signed a strategic partnership with global biopharmaceutical company Boehringer Ingelheim to accelerate research into precision medicine using the emirate's advanced genomics capabilities.
H.H. Sheikh Ahmed approves launch of business media platform
Dubai’s media strategy is entering a new phase, with a stronger focus on competitiveness, innovation and strengthening the emirate’s position as a global hub for content creation and business media.
Saudi Aramco resumes oil loading at Ras Tanura after 4-month halt
Saudi Aramco resumed oil loading on Friday at its Ras Tanura terminal in the Gulf after a near four-month halt, shipping data from LSEG showed.
Summer Davos ends with call to boost innovation and growth
Global leaders have called for greater investment in innovation, skills and technology to drive economic growth as the World Economic Forum's Annual Meeting of the New Champions concluded in Dalian, China.
The UAE has strongly condemned the hostile drone attacks by Iran that targeted Bahrain early Saturday.
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has welcomed the signing of a framework agreement between Israel and Lebanon during a call with Lebanese Prime Minister Dr. Nawaf Salam.
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed ways to enhance efforts to safeguard regional peace during talks with his Egyptian counterpart Dr. Badr Abdelatty.
