UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
UAE reopens Sheikh Zayed Child Care Complex in Istanbul following comprehensive redevelopment
Oil Slips after OPEC+ Agrees to Another Big Output Hike in SeptemberSingapore, 4 Aug (ONA) — Oil prices slipped in early Asian trade today after OPEC+ agreed to another large production hike in September.
Brent crude futures fell 40 cents, or 0.57%, to $69.27 a barrel while US West Texas Intermediate crude was at $66.96 a barrel, down 37 cents, or 0.55%, after both contracts closed about $2 a barrel lower on Friday.
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. —Ends/AG