VIENNA — OPEC decided to maintain its production ceiling at 30 million barrels a day at the cartel’s meeting here on Friday.

The Organization of Petroleum Exporting Countries provides about 40 percent of the world?s oil.
OPEC

The decision showed that the cartel is sticking to its strategy of unconstrained oil production, as it is seeking to battle for its market share and curb production from high-cost U.S. shale instead of bolstering the oil price by cutting the output. (OPEC-Production-Ceiling)
– – – –
KIEV — Ukrainian President Petro Poroshenko said Friday that Kiev is ready to hold a nationwide referendum on the future status of the country’s conflict-torn eastern Donetsk and Lugansk regions, known locally as Donbas.
“I am ready to ensure the free expression of the will of citizens to give the opportunity for all Ukrainians to express their view on the future of Donbas,” Poroshenko told reporters during a press conference. (Ukraine-Nationwide-Referendum)
– – – –
MUNICH — The protester alliance “Stop G7 Elmau” launched its first major demonstration march on Friday in the Bavarian town of Garmisch-Partenkirchen, about 10 km away from the meeting venue of a G7 summit, local police reported.
Police accompanied the rally and closed some roads temporarily to allow the march that went off peacefully. (G7-Protest)
– – – –
KUALA LUMPUR — More than 100 climbers were stranded on one of Southeast Asia’s highest mountain after a moderate earthquake hit Malaysia’s Sabah state in North Borneo on Friday, authorities said.
Sarafudin Ladulu, an official at the rescue operation center, told Xinhua that 137 climbers from some 20 countries, were still stranded on the Mount Kinabalu but were on the way down to a relatively safe location with the help of mountain guides. (Malaysia-Climber)
– – – –
ATHENS — Greek citizens were divided when faced with the dilemma of sealing a harsh debt deal with international creditors to avoid default or staging snap polls risking a Grexit, an opinion poll showed on Friday.
An overwhelming of 74 percent of the Greeks said they wanted to stay in the euro zone at any cost. (Greece-Eurozone) Enditem

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.