Saudi minister calls for 1 million barrels per day global oil output cut
Abu Dhabi, Nov 12: Oil producing countries should cut output by one million barrels per day to re-balance the market, Saudi Arabia's energy minister said Monday, following a drop in crude prices.
"The technical analysis we reviewed yesterday shows that we need a reduction approaching one million bpd to balance the market," Khalid al-Falih told an energy conference in Abu Dhabi.
Falih said Saudi Arabia, the world's largest oil supplier, will cut its production by 500,000 bpd as of next month to help stabilise the market.
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Will of people supreme, says Mahua Moitra after BJP's landslide victory in Bengal
Kolkata (PTI): A day after the Trinamool Congress faced a drubbing by the BJP in the West Bengal assembly elections, TMC MP Mohua Moitra on Tuesday said her party respects the mandate as the will of the people is supreme.
She also said that the party will continue the fight for a “secular country”.
In a post on X, Moitra said, “The will of the people is supreme. If Bengal wanted BJP, then Bengal has got BJP. We respect that.”
The BJP on Monday scripted history by winning 206 seats to secure more than a two-thirds majority in the West Bengal assembly polls, ending the TMC’s 15-year rule.
"We fought the good fight against unimaginable odds on an uneven pitch and for that I am proud of my leader & my party," Moitra said.
She said the TMC will continue to stand and fight for a secular country where the constitution, and "not brute majoritarianism, is the last word”.
