Tag Archives: output

OPEC+ will likely raise oil output further from October, sources say

OPEC+ will likely raise oil output further from October, sources say

Facebook Tweet Email Link OPEC+ will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ sources said on Saturday. OPEC+ has reversed its strategy of output cuts from April and has already raised quotas by about 2.5 million …

Read More »

Oil settles down as OPEC+ weighs another output hike – Reuters

Oil settles down as OPEC+ weighs another output hike  Reuters Oil Drops on Report OPEC+ Will Consider Fresh Production Boost  Yahoo Finance APA and Occidental Petroleum Stocks Tumble on Report OPEC+ Could Boost Oil Production  Barron’s OPEC Oil Output Rose In August Amid Supply Revival, Survey Shows  Bloomberg OPEC+ Set to Hold Output Steady as Oil Glut Anxiety Looms  The Wall Street Journal Source link

Read More »

Oil holds in tight range as rising output offsets Russia supply disruptions – Reuters

Oil holds in tight range as rising output offsets Russia supply disruptions  Reuters Oil prices fall with expected weaker demand, possible peace deal  CNBC Oil Glut Concerns Cloud Price Outlook Despite Geopolitical Risks  The Wall Street Journal Oil Holds Decline as Higher US Tariff on India Set to Kick In  Bloomberg.com Oil holds in tight range, rising output offsets Russia supply disruptions  Yahoo Finance Source …

Read More »

China seeks to triple output of AI chips in race with the US

China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, as Beijing races the US to develop the most advanced AI. One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two …

Read More »

China's factory output, retail sales growth slump in blow to economy – Reuters

China’s factory output, retail sales growth slump in blow to economy  Reuters China’s growth stumbles in July as retail sales, industrial output miss forecasts  CNBC China’s Economy Slows Broadly Even as Exports Keep Rising  The New York Times China’s Economy Slows Sharply in Ominous Sign for Outlook  Bloomberg.com China’s Economy Shows Signs Of Slowing, Raising Pressure on Beijing  The Wall Street Journal Source link

Read More »

GE Appliances moving more output from China and some from Mexico to U.S. as part of $3 billion investment

GE Appliances moving more output from China and some from Mexico to U.S. as part of  billion investment

Louisville, Kentucky — GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina. The investment — the second-largest in the Louisville-based company’s history — is expected to add more than 1,000 …

Read More »

CATL Suspends Output at China Lithium Mine for Three Months – Bloomberg.com

CATL Suspends Output at China Lithium Mine for Three Months  Bloomberg.com CATL suspends production at China lithium mine, Bloomberg News reports  Reuters China’s crackdown on lithium mining sparks new supply fears…and opportunities: Here’s why  Proactive financial news CATL’s Production Halt: A Catalyst for Lithium Market Rebalancing  AInvest Permit Issues in China’s Lithium Capital: 2025 Regulatory Crackdown  Discovery Alert Source link

Read More »

OPEC+ makes another large oil output hike in market share push  

OPEC+ makes another large oil output hike in market share push  

Vadimrysev | Istock | Getty Images Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September. Brent crude futures fell 43 cents, or 0.62%, to $69.24 a barrel by 2218 GMT while U.S. West Texas Intermediate crude was at $66.94 a barrel, down 39 cents, or 0.58%, after both contracts closed about $2 …

Read More »

Oil falls as OPEC+ output hike adds to oversupply concerns – Reuters

Oil falls as OPEC+ output hike adds to oversupply concerns  Reuters OPEC+ makes another large oil output hike in market share push  CNN OPEC Plus Will Increase Oil Output  The New York Times OPEC+ Signals Next Move Is Undecided as Tumultuous Chapter Ends  Bloomberg.com Oil Slides as OPEC+ Hike Outweighs Concern Over Russian Flows  Yahoo Finance Source link

Read More »

Oil falls as OPEC+ proceeds with September output increase – Reuters

Oil falls as OPEC+ proceeds with September output increase  Reuters OPEC+ Supply Finale Teases a New Mystery for Oil Markets Next Month  Bloomberg OPEC Plus Will Increase Oil Output  The New York Times OPEC+ makes another large oil output hike in market share push  CNN Oil Fluctuates as Traders Assess OPEC+ Hike and Russian Risks  Yahoo Finance Source link

Read More »