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Real-time News
United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA): Despite organized actions that attempt to obstruct and destroy our agency, we continue our work in the Gaza Strip.November 2nd - Three sources familiar with the matter said that OPEC+ is expected to agree to another slight increase in its oil production target on Sunday, as the oil-producing alliance slows its pace of regaining market share amid rising concerns about oversupply. Since April, OPEC+ has cumulatively increased its daily production target by more than 2.7 million barrels, accounting for about 2.5% of global supply. However, in October and November, the alliance reversed its previous months practice of significantly increasing production, as market predictions of a worsening oversupply risk emerged. A new round of Western sanctions against OPEC+ member Russia also poses a challenge to the negotiations. New sanctions imposed by the United States and the United Kingdom on Russias major oil producers, Rosneft and Lukoil, may make it difficult for Moscow to further increase production. Three sources said that the eight OPEC+ members will agree on Sunday to raise their December production target by 137,000 barrels per day. A fourth source indicated that a pause in production increases is also possible.Sources say OPEC+ is expected to agree to another small increase in oil production.On November 2nd, BAIC Group released its sales report, showing that in October, the total sales volume of complete vehicles was 160,133 units, an increase of 11% year-on-year; the sales volume of passenger vehicles under its own brand was 47,751 units, an increase of 65% year-on-year.Iranian President: Tehran will rebuild its nuclear facilities "with greater force".
