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Oil rises after Opec+ hikes output less than expected
Oil prices gained about 1 per cent on Monday after the Opec+ production increase planned for November was more modest than expected,…
Tag
output
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Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
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Japan faces beer crunch after cyberattack hobbles Asahi’s output
Seven & i Holdings and other retailers in Japan are warning customers of possible Asahi Super Dry beer shortages after a cyberattack…
Business
Huawei to double output of top AI chip as Nvidia wavers in China
Huawei Technologies is preparing to sharply ramp up production of its most advanced artificial intelligence (AI) chips over the next year,…
Business
Malaysia's palm oil stocks to drop as output slows and exports rise
A seasonal slowdown in production coincides with rising exports to meet festive season demand Malaysia’s palm oil stocks are expected to…
Business
Oil slips as Kurdistan crude exports resume, Opec+ plans output hike
Oil prices slipped nearly 1 per cent on Monday after Iraq’s Kurdistan region resumed crude oil exports via Turkey over the weekend and as…
Business
Oil settles up after Opec+ opts for modest output hike
Oil prices settled higher on Monday, recovering some of last week’s losses, after producer group Opec+ opted for a modest output hike and…
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Oil prices rise as Opec+ agrees to raise output at slower pace from October
The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep…
Business
SGX-listed plantation firms ride output gains, lure with dividends
Singapore-listed plantation giants turned in a bumper first half of 2025 with double-digit profit and revenue gains. Analysts expect the…
Business
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
Business
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share,…
Business
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
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Oil prices drop as Opec+ weighs another output hike
Oil prices fell by more than 2 per cent on Wednesday ahead of a weekend meeting of Opec+ producers that is expected to consider another…
Business
Chinese steel and coal output drop as supply pressures mount
Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity…
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CATL suspends output at China lithium mine for three months
Battery giant Contemporary Amperex Technology Co Limited (CATL) has suspended production at a major lithium mine in China’s Jiangxi…
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Oil falls as Opec+ output hike adds to oversupply concerns
Oil prices fell to their lowest levels in a week on Monday after Opec+ agreed to another large output increase in September, adding to…
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China may need to trim record copper output on shortage of ore
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels,…
Business
Oil slips after Opec+ agrees to hike output in September
Oil prices slipped in early Asian trade on Monday after Opec+ agreed to another large production hike in September. Brent crude futures…
Business
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
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India plans to kickstart rare-earth output to cut China reliance
A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch of large conglomerates,…
Business
Asian Stocks Decline as Tariff Confusion Mounts and OPEC+ Raises Oil Output
Stocks in Asia fell on Monday. Japan's Nikkei slid 0.5%, Chinese blue chips dived 0.5%, and the MSCI Asia-Pacific index outside Japan lost…
Business
Nissan considers Foxconn EV output to save Oppama from closure: report
Nissan Motor is in discussions with Taiwan’s Foxconn over electric vehicle (EV) collaboration that could save its Oppama plant in Japan…
Business
Oil slips 1% after Opec+ accelerates output hikes
Oil prices slipped 1 per cent at the start of trading on Monday after Opec+ accelerated output hikes and raised concerns about oversupply.…
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…