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 »Tag Archives: output
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
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
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 »