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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying

The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94m…

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‘Concern to the world’: Trump administration condemns China after missile launch

Australia has criticised China for failing to give enough notice of its long-range ballistic missile test, which appears to have crossed over the Philippines and landed near Nauru, as the Trump administration accused Beijing of pursuing an opaque and rapid nuclear weapons build-up.

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