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Lahore pollution at No. 2 in the world

Average smog rate in Lahore is 414

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Lahore: The provincial capital Lahore is still ranked second among the world's cities in terms of pollution.

The average smog rate in Lahore is 414. The Air Quality Index (AQI) of DHA Phase VIII is 714 and Syed Marabat Ali Road is 613.

The average rate of smog in the city is lower than yesterday, but the situation is still considered alarming.

In order to protect children from polluted air, holidays have been announced in the primary schools of Lahore from November 4 to November 9, while the Department of Environment Banned the entry of heavy vehicles in Lahore on Friday and Sunday.

Meanwhile, a Green Lockdown is being implemented around the areas of Shimla Pahari, Abbott Road, Davies Road, Empress Road, Kashmir Road, and Durand Road to reduce smog. Entry of motorcycle Chingchi rickshaws was banned on these highways.

Traffic wardens are on special duty by installing barriers on the said highways, sweeping in open spaces without sprinklers is prohibited while barbeque shops will also be closed at 8:00pm.

Due to the Green Lockdown, the large parking lot outside the Shimla Pahari NADRA office has also been removed and shifted to an alternative open space for a month.

On the other hand, according to the Department of Meteorology, the minimum temperature of Lahore city is expected to reach 19 degrees Celsius while the maximum temperature is expected to reach 31 degrees Celsius.

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Business

Oil gains over $1 after OPEC+ delays output hike

Brent futures rose by $1.18 per barrel, or 1.61 percent

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Beijing/Singapore: Oil prices extended gains on Monday, rising more than $1 on a decision by OPEC+ to delay by a month plans to increase output, while the market braced for a week that spans a US presidential election and a key meeting in China.

Brent futures rose by $1.18 per barrel, or 1.61 percent, to stand at $74.28 a barrel by 0402 GMT. US West Texas Intermediate (WTI) crude rose by $1.21 a barrel, or 1.74 percent, to stand at $70.70.

On Sunday, OPEC+, which includes the Organization of the Petroleum Exporting Countries plus Russia and other allies, said it would extend its output cut of 2.2 million barrels per day (bpd) for another month in December, with an increase already delayed from October because of falling prices and weak demand.

The grouping had been due to increase output by 180,000 bpd from December.

“While the delay until January does not change fundamentals significantly, it does potentially leave the market having to rethink the strategy of OPEC+,” ING analysts said in a note.

The delay bucked the expectations of some in the market for OPEC+ to deliver the planned hike in output, they added.

“This delayed supply increase means that maybe the groups are more willing to support prices than many believe,” they said.

The group is set to gradually unwind the 2.2-million-bpd cut over the coming months, while another 3.66 million bpd of production cuts will stay until the end of 2025.

Brent and WTI posted weekly declines last week of about four percent and three percent, respectively, as record US output weighed on prices. But both contracts edged up on Friday on reports that Iran could launch a retaliatory strike on Israel within days.

On Thursday, US news website Axios said Israeli intelligence suggested that Iran was preparing to attack Israel from Iraq within days, citing two unidentified Israeli sources.

It is questionable whether the price uptrend will be sustained as previous initial positive reaction to the delayed output hike and geopolitical tension have eventually fizzled off, said Yeap Jun Rong, a market strategist at IG.

For now, oil prices may stay in a broad consolidation range, with any upside likely to find some resistance at the level of $78.50, he added.

Markets await Tuesday's US presidential election, with polls showing Democratic Vice President Kamala Harris and Republican former President Donald Trump neck-and-neck.

And on Thursday, economists expect the US Federal Reserve to cut interest rates by 25 basis points.

In China, the Standing Committee of the National People's Congress meets from Monday to Friday and is expected to approve additional stimulus to boost the slowing economy, though analysts say the bulk may go to help cut local government debt.

SOURCE: REUTERS

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Crime

Cop injured in Bannu attack on police station, post

Police stated that Ahmedzai police station was attacked by unknown armed persons

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Bannu: Armed assailants attacked Ahmedzai police station and Mazunga police post late at night in Bannu.

According to the police, a cop was injured in the first attack and the thermal camera installed at the police post was damaged in the second attack.

Police stated that Ahmedzai police station was attacked by unknown armed persons, but the attack was repelled by the timely response of the police.

Police added that efforts were made to arrest the accused, but they escaped in the darkness of the night.

According to the police, the second incident took place at the Bannu Mazanga police post where the shooting by unknown suspects late at night damaged the thermal camera installed at the post.

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