LONDON: Opec+ sees the oil surplus worsening to 2 million barrels/day in January, 3.4 million bpd in February and 3.8 million bpd in March next year, an internal report seen by Reuters showed. “Generally, the impact of Omicron seems to be jet-fuel related for now, particularly in Africa and Europe,” the report said. [embedpost slug=”/opec-meets-under-pressure-from-biden-and-omicron/”]
KARACHI: The budget deficit for the first quarter (July-September) of the current fiscal year narrowed to 0.8 per cent of the GDP, compared with the deficit of 1.1 per cent in the same quarter of the last fiscal year, according to details released by the Finance Ministry on Tuesday. The GDP for the fiscal year … Read more
Korean tech giant Samsung has reclaimed the top position in the smartphone market in the first quarter of 2021. As per reports, smartphone shipments have seen an important rise in the first quarter of 2021. Shipments have reached about 340 million units in total, marking the progress of 24 percent year on year. The tech … Read more
