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OPEC will cut its oil output by 1.5 million barrels a day starting in November, with chances of more cuts to come. But from Paris, Lisa Bryant reports the announcement was met by a further drop by financial markets. OPEC hopes that by cutting output
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Quantum communication boasts ultra-high security as a quantum photon can neither be separated nor duplicated. It is hence impossible to wiretap, intercept or crack the information transmitted through it. Anton Zeilinger, an Austrian physicist at the
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OPEC Agrees to Reduce Oil Output Kerry Sheridan Oil prices edged higher Tuesday after ministers from the Organization of Petroleum Exporting Countries (OPEC) agreed to reduce output. OPEC ministers ha
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BEIJING, Aug. 19 (Xinhua) -- China's steel output growth slowed in July and prices of steel products have continued to drop, according to data from the National Development and Reform Commission (NDRC). Crude steel production gained 4.2 percent year
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An expert at the International Energy Agency says it may be many months before Libya's damaged oil industry can resume full production. The head of IEA's Oil Industry and Markets Division, David Fyfe, said Thursday there are many logistical, operatio
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China's industrial output growth accelerates in October BEIJING, Nov. 9 (Xinhua) -- Industrial production growth continued to accelerate in October, presenting evidence that China's economy is picking up steam after seeing its lowest growth rate in m
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