Tag Archives: Crashes

Saudi, Russia outline record oil cut under U.S. pressure as demand crashes

Saudi, Russia outline record oil cut under U.S. pressure as demand crashesOPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis. The planned output curbs by OPEC+ amount to 10 million barrels per day (bpd) or 10% of global supplies, with another 5 million bpd expected to come from other nations to help deal with the deepest oil crisis in decades. Global fuel demand has plunged by around 30 million bpd, or 30% of global supplies, as steps to fight the virus have grounded planes, cut vehicle usage and curbed economic activity.

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Pakistan fighter jet crashes in capital during parade rehearsal

Pakistan fighter jet crashes in capital during parade rehearsalA Pakistani F-16 fighter jet crashed in Islamabad Wednesday, killing the pilot, during a rehearsal for a national day military parade, officials said. Footage on social media showed a plume of smoke billowing into the sky after the plane hit the ground having apparently attempted a loop. A Pakistani Air Force spokesman said the pilot, Wing Commander Nauman Akram, died in the crash.



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