production cuts
German steelmaker thyssenkrupp plans production cuts in Duisburg
World
A general view of the logo of the Engineering company thyssenkrupp. Roland Weihrauch/dpa Thyssenkrupp Steel’s announcement late on Thursday of production cuts ...
Oil prices are crashing. Blame uncertain demand and booming US production.
Business
The Bouri oilfield, Libya’s biggest offshore field, is seen 130 km (81 miles) north of Tripoli October 9, 2013.REUTERS/Ismail Zitouny US and ...
Saudi Arabia may wage oil ‘market share war’ against the US, reversing output cuts and unleashing a flood of supply, energy expert says
Business
Saudi Arabia may flood the oil market next yearGety Saudi Arabia may wage a “market share war” against the US and flood ...
Here’s why OPEC’s production cuts haven’t boosted the price of oil
Business
Andrew Burton/Getty Images Oil prices moved lower on Monday for the third consecutive session even as OPEC+ cut production. The outlook for ...
Saudi Arabia could ‘flush’ the oil market with a flood of supply to regain control over prices in the face of rising US production, crude expert says
Business
Photo by Christian Ender/Getty Images Saudi Arabia may “flush” the market with a flood of supply that would sink prices, an expert ...
Saudi Arabia may make surprise oil cuts, sending prices soaring and the futures market into backwardation, says a 30-year energy expert
Business
sefa ozel/Getty Images Oil prices fell on Thursday after OPEC delayed its meeting from November 26 to November 30. It’s set to ...
Brent climbs ahead of OPEC+ oil production decision
Business
By Colleen Howe BEIJING (Reuters) – Brent crude futures rose in early Asian trade on Friday, reversing losses in the previous session ...
Oil extends gains as OPEC+ to mull deeper cuts
Business
By Florence Tan SINGAPORE (Reuters) – Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to ...
Oil prices surge after falling below key threshold as report says Saudi Arabia plans to extend production cuts into 2024
Business
Pixabay/jp26jp US and international oil prices jumped on Friday by more than 4% after a week-long slump. Saudi Arabia is considering prolonging ...
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