In developing countries. roughly 45 million cubic meters of water are lost daily with an economic value of over $3 billion per year.

OPEC noted that advances in internal combustion engines has also made them more efficient.

OPEC is seeking to achieve consensus agreement before a meeting on Nov. 30 about extending a global pact to curb oil production.

Pakistan will get $1.100 million ($1.1 billion) to help finance crude oil imports and LNG. mainly by Pakistan State Oil in coming days.

Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.

Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.

Iran was Japan'.s fifth oil supplier after Saudi Arabia. the UAE. Kuwait and Qatar. with a share of 6.8 percent in September 2017.

Iran'.s gas production capacity has reached 885 million cubic meters per day.

Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.

Alwaleed’s arrest will send shockwaves through the world’s major financial centres.