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OPEC+ further raises output in August
A view of the OPEC pavilion on the COP28 grounds. Hannes P Albert/dpa The core group of OPEC+ oil cartel members is increasing production…
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output
Business
Oil falls slightly ahead of expected Opec+ output increase
Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the…
Business
Oil Prices Fall as Tariff Uncertainty and OPEC+ Output Plans Shake Market
Oil prices fell on Thursday after rising 3% on Wednesday. Brent crude lost 45 cents, or 0.65%, to $68.66 a barrel, and U.S. West Texas…
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Oil prices ease on US tariff uncertainty ahead of expected Opec+ output boost
Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by…
Business
Toyota delays EV plans to boost petrol-fuelled SUV output
Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular…
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Oil steadies after report of planned Opec+ August output hike
Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was…
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Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output…
Business
Oil finishes down on possible OPEC+ output hike
US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous…
Business
Oil gains on supply concerns, investors await July Opec+ output decision
Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the…
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France’s clean energy output reaches six-year high
Clean energy production in France has reached a six-year high, with nearly 95% of the country’s power generated from clean sources, a…
Business
Oil prices settle down on potential further increase in Opec+ output
Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking…
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Oil drops more than US$2/barrel as Opec+ accelerates output hikes
Oil prices fell more than US$2 a barrel in early Asian trade on Monday as Opec+ is set to further speed up oil output hikes, spurring…
Business
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices…
Business
Honda global vehicle output drops 9% in Q1
Japanese automaker Honda Motor Company reported a 3.4% fall in global production to 329,664 units in March 2025, from 341,092 units in the…
Business
Boeing reports small quarterly loss, confirms 2025 plane output targets
It reported a loss of US$123 million in Q1, smaller than the US$343 million loss in the year-ago period Boeing reported a smaller than…
Business
China’s power system achieves record clean energy output in Q1 2025
China's clean electricity generation reached a new high in the first quarter of 2025 (Q1 2025), with more than 951 terawatt hours (TWh)…
News
Malaysia Smelting warns of disrupted tin output after gas blast
It is not clear when fuel supplies would resume and some shipments of tin could be impacted Malaysia Smelting Corp (MSC), one of the…
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Boeing slows output of 737 Max jets to 31 a month due to wing systems issues
The US planemaker is working to grow production of its 737 MAX jet to at least 38 a month this year Boeing slowed production of 737 MAX…
Business
Xpeng may add EV output in Europe, Latin America in growth push
Chinese electric vehicle (EV) maker Xpeng is looking to ramp up its global expansion, including investing in manufacturing plants and…
Business
UK vehicle production faces global challenges amid declining output
UK vehicle production experienced a drop of 17.7% in January, with a total output of 78,012 units, according to the Society of Motor…
Business
Toyota global output rises for the first time in a year in January
TOYOTA Motor said on Thursday its worldwide production rose for the first time in a year in January, as it ramped up output in Japan after…
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Oil prices jump over 1% on delayed Opec+ output hike
OIL prices rose by more than US$1 in early trading on Monday (Nov 4) after Opec+ said on Sunday it would delay a planned December output…
Business
Oil rises on US stockpiles drawdown, Opec+ mulls output hike delay
Oil prices rebounded on Wednesday (Oct 30), rising more than 2 per cent after data showed US crude and gasoline inventories fell…
Business
India's manufacturing output may rise 9% with more female workers: WB
3 min read Last Updated : Oct 10 2024 | 6:06 PM IST The World Bank, in its latest South Asia Development Update, said if more women were…