OPEC raises November oil output by 750,000 bpd

OPEC had 102 percent compliance with agreement to cut oil supply in November. (File/AFP)
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Updated 01 December 2020
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OPEC raises November oil output by 750,000 bpd

  • Members meet this week to discuss the possibility of cutting oil output

The Organization of the Petroleum Exporting Countries (OPEC) increased oil output for the fifth straight month in November, ahead of the next OPEC + meeting.

OPEC raised oil output by 750,000 barrels per day (bpd) to 25.31 million in November, according to a Reuters survey.

Thus, the oil output continued rising from its 30-year low hit in June.

OPEC had 102 percent compliance with agreement to cut oil supply in November.

OPEC+ members will meet on Monday and Tuesday to discuss the possibility of cutting oil output to 2 million bpd as of January.

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UAE thwarts terrorist cyberattacks targeting vital sectors

Updated 5 sec ago
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UAE thwarts terrorist cyberattacks targeting vital sectors

DUBAI: The UAE successfully prevented terrorist cyberattacks that targeted the country’s digital infrastructure and vital sectors, in an attempt to destabilize the nation and disrupt essential services, state news agency WAM reported.

The UAE Cybersecurity Council said the attacks included attempts to infiltrate networks, deploy ransomware, and conduct systematic phishing campaigns targeting national platforms.

It also involved the exploitation of artificial intelligence technologies to develop sophisticated offensive tools, reflecting a qualitative shift in the methods employed by terrorist groups and their ability to harness modern technologies to carry out digital attacks, WAM reported.

The Council reiterated the country’s national cybersecurity defense system makes sure that the safety of individuals, the protection of personal data and the continuity of critical services remain top priorities.

It further urged the public to report any cyber threats or suspicious attempts to ensure digital security in the country.