Analysis-Iraq’s ambition to match Saudi oil output is out of reach
By Rowena Edwards, Maha El Dahan and Ahmed Rasheed LONDON (Reuters) – Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts…
By Rowena Edwards, Maha El Dahan and Ahmed Rasheed LONDON (Reuters) – Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts…
MADRID (Reuters) – Drought in Spain, the world’s largest olive oil producer, is likely to halve the country’s output this year compared with the previous year, official estimates from the…
By Ashitha Shivaprasad (Reuters) – The El Nino weather pattern could boost yields in the second half of the year for U.S. cotton farmers, who were forced to abandon a…
SHANGHAI (Reuters) -Chinese battery giant CATL plans to start this year the mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and…
TOKYO (Reuters) – Japan’s government cut its assessment of the strength of industrial production for the first time in three months in March, pointing to weakening demand in the global…
BEIJING (Reuters) – China’s coal output rose by 5.8% in the first two months of 2023 from the same period a year earlier, government data showed on Wednesday, as new…
(Reuters) – Chinese refineries processed 3.3% more crude oil in the first two months of 2023 compared with a year earlier, data showed on Wednesday, spurred by fuel export policy…
BEIJING (Reuters) – China’s crude steel output in the first two months of 2023 rose 5.6% from a year earlier, official data showed on Wednesday, as many domestic steel mills…
(Reuters) – Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a…
DUBAI (Reuters) – Growth in the United Arab Emirates’ (UAE) non-oil private sector in February accelerated slightly from the previous month, supported by a pick up in output growth, although…
LONDON (Reuters) – Overall activity in the euro zone’s manufacturing sector contracted again in February but output increased for the first time since May as supply chains continued to heal,…
MADRID (Reuters) – Factory activity in Spain expanded in February for the first time since June as demand started to improve, boosting confidence about the business outlook, a survey showed…
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp is producing about 90,000 barrels per day from its Venezuelan oil joint ventures, nearly double the daily output in 2022, Chief Executive…
By Shivangi Acharya NEW DELHI (Reuters) – India’s infrastructure output expanded 7.8% year-on-year in January, its fastest pace in four months, driven by a surge in fertiliser, coal and electricity…
HANOI (Reuters) – Vietnam’s exports rose 11% in February from a year earlier, and the country’s industrial output increased 3.6% in the same month, according to data released by the…
By Abhijith Ganapavaram (Reuters) – Aerospace giant Raytheon Technologies Corp can support a monthly production rate in the mid-50s range for Airbus SE’s A320 aircraft this year, a target that…
PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production above 65 jets a month, but warned that fragile global…
BEIJING (Reuters) – China’s oil refining capacity overtook the United States as the world’s largest in 2022, an industry official said on Thursday, though its production of fuel products lagged…
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of…
WASHINGTON (Reuters) – Production at U.S. factories rebounded in January, but output in the prior month was much weaker than initially thought amid higher borrowing costs that are hurting the…
NEW DELHI (Reuters) -India’s industrial output in December rose 4.3% year on year, data from the Ministry of Statistics showed on Friday. That was lower than the 4.5% expected by…
By Valerie Insinna SEATTLE (Reuters) – Airbus laid down the law to its stretched supply chain on Wednesday, with a senior U.S. executive reminding contractors to meet timing and quality…
TOKYO (Reuters) – Japan’s Subaru Corp slashed its annual output target by nearly 10% on Wednesday amid ongoing fallout from a semiconductor shortage that continues to hamper automakers around the…
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates last year, and aim to operate at between 85% and…
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models,…