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OPEC, Russia agree to nudge up oil output gradually from Jan

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VIENNA – OPEC and a group of allied countries including Russia have agreed to increase their oil production by 500,000 barrels per day from January.Alexander Novak, deputy prime minister of Russia, announced the decision on Thursday after long talks as oil producing countries weighed the outlook for energy demand amid the pandemic.

Oil producing countries face a difficult situation. The pandemic has sapped demand for fuel across the economy, which induced them to cut back production this year to keep prices from sagging even more than they have.

Yet the lower production means less revenue for governments that depend on oil sales to fill state coffers.And the outlook for demand is mixed across the globe; economies in the U.S.

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Moscow aims to vaccinate 7 million as Russia reports record rise in covid cases
MOSCOW : Moscow wants to vaccinate up to seven million people, its Mayor Sergei Sobyanin said, as Russia on Sunday reported yet another record high number of new COVID-19 cases.Moscow began distributing its Sputnik V COVID-19 shot via 70 clinics on Saturday to the most exposed groups, marking Russia's first large-scale vaccination against the disease."In prospect, we have to vaccinate six to seven million people," Sobyanin told state TV Rossiya-1 in an interview published on Sunday.Russia reported a record daily increase of 29,039 new cases, taking the national total to 2,460,770 since the pandemic began, while the official national death toll rose to 43,141.Russia, which has the world's fourth-highest number of coronavirus cases, puts high
Sergei Sobyanin Russia city Moscow covid-19 death pandemic vaccine Coronavirus
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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