Business
Oil tumbles as Opec+ hikes August output more than expected
Oil prices slipped more than 1 per cent on Monday after Opec+ surprised markets by hiking output more than expected in August, raising…
Tag
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…
Fashion
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…
Fashion
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…
Fashion
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…
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…
Business
Indonesia seeks to end rice imports this year as output jumps
Indonesia is set to stop importing rice this year for the first time in decades, thanks to surging production and stockpiles in one of the…
Business
Bank Negara Malaysia holds rate at 3% amid output growth, flags tariff risks
Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient…
News
Hot, dry weather threatens output in China’s wheat-growing belt
Drought in the country’s northern grains production region is set to continue in the next ten days, while heavy rains are forecast to…
Fashion
Oil rises 3% on signs of more Europe and China demand, less US output
Oil prices climbed about 3 per cent on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the…
Culture
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…
News
Opec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to…
News
Oil falls 2% after sources say Opec+ to mull accelerating output
Oil prices slipped 2 per cent on Wednesday (Apr 23) as sources said Opec+ would consider accelerating its oil output increases in June,…
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…
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…
Fashion
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
Toyota’s global output rises for second month in February on solid Japan sales
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger…
Business
Indonesia to use one million African weevils to spur palm output
Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply…
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…
News
Germany’s Cinematic Output Lights Up Industry’s Gloomy Atmosphere
Germany’s film industry may have been hit hard by the economic slowdown, resulting in an overall gloomy outlook, but it’s still…