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 …
Output
Spain’s drought devastates olive oil output, drives world prices up
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 …
El Nino seen boosting U.S. cotton output after worst drought in years
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 …
China’s CATL to start mass output of M3P batteries this year
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, …
Japan cuts view on industrial output, vigilant on market volatility
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 …
China coal output up 5.8% in Jan-Feb as new capacity comes online
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 …
China Jan-Feb refinery output up 3.3% on fuel policy, demand recovery
(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, …
China Jan-Feb crude steel output up 5.6 % on yr – stats bureau
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, …
Barclays cuts 2023 oil price forecasts on resilient Russian output
(Reuters) – Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the …
UAE’s non-oil business activity picks up in Feb on output growth-PMI
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 …
Euro zone factory output returned to growth in February -PMI
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 …
Spanish factory output expands in Feb for first time since June 2022 -PMI
MADRID (Reuters) – Factory activity in Spain expanded in February for the first time since June as demand started to improve, boosting confidence about the …
Chevron’s output gains in Venezuela limited by political risk, CEO says
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 …
India’s Jan infrastructure output grows 7.8% y/y, fastest in four months
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 …
Vietnam’s factory output rises in February, exports up 11%
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 …
Raytheon says can support mid-50 Airbus A320 output, backs Boeing target
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 …
Safran CEO says supply chain will drive jet output hike
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, …
China takes top spot in global refining capacity but output lags U.S.
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 …
Struggling aerospace suppliers may not be able to support jet output hikes – survey
(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, …
U.S. manufacturing output surges in January
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 …
India’s industrial output rose 4.3% y/y in December
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 …
Airbus urges suppliers to carry extra stocks amid output snags
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 …
Japan’s Subaru cuts annual output target as chip shortage drags on
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 …
U.S. refiners throttle back Q1 output after record 2022 runs
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 …
Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo
SHANGHAI (Reuters) – Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price …
Spanish factory output slides for 7th straight month in Jan -PMI
MADRID (Reuters) – Factory activity in Spain kept on shrinking in January even though inflationary pressures eased and business confidence strengthened, a survey showed on …
U.S. manufacturing output tumbles in December
WASHINGTON (Reuters) – Production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought, indicating …
Barrick set to report highest quarterly gold output for 2022
(Reuters) -Canadian miner Barrick Gold Corp on Tuesday reported a 13.4% sequential rise in gold production in what could be its highest quarterly output last …
China Dec industrial output up 1.3%, retail sales down 1.8%
BEIJING (Reuters) – China’s industrial output grew at a modest 1.3% pace last month year-on-year, official data showed on Tuesday, easing from a 2.2% rise …
AerCap CEO says aircraft makers’ output delays to last years
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – The world’s largest aircraft lessor AerCap on Monday warned that delivery problems at Boeing and Airbus …
China’s 2022 industrial output expected to have grown 3.6% y/y
BEIJING (Reuters) – China’s industrial output is expected to have grown 3.6% in 2022 from the previous year, the Ministry of Industry and Information Technology …
Spain’s November industrial output falls 1.1% year-on-year
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output fell 1.1% year-on-year in November, official data from the country’s National Statistics Institute (INE) showed on Wednesday. …
Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on …
Japan’s output gap closes in positive sign for economy, BOJ
By Leika Kihara TOKYO (Reuters) – Japan’s economic output recovered to near its full capacity for the first time in nearly three years, data showed …
Spanish manufacturing output down for 6th straight month in Dec -PMI
MADRID (Reuters) – Factory activity in Spain shrank for the sixth month in a row in December, albeit at a slower pace than the previous …
Japan Nov factory output likely down for 3rd month on global demand woes- Reuters poll
TOKYO (Reuters) – Output at Japanese factories likely declined for a third month in November, according to economists in a Reuters poll, as shrinking global …
Japan warns of China’s COVID situation, cuts view on factory output
TOKYO (Reuters) – Japan will pay close attention to the COVID-19 situation in China, in addition to risks from a global economic slowdown, price hikes …
UK factory output and export orders sag in December: CBI
LONDON (Reuters) – British factories’ output and export orders slid this month, according to a survey on Monday that underlined the troubles faced by the …
Analysis-Bumper green aluminium output is good news for carmakers, and climate
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in …
China’s economic output to exceed 120 trln yuan in 2022 -party official
SHANGHAI (Reuters) – China’s economic output is likely to exceed 120 trillion yuan ($17.2 trillion) this year, state media quoted a senior Chinese Communist Party …
U.S. manufacturing output dragged down by motor vehicle weakness
WASHINGTON (Reuters) – Production at U.S. factories dropped more than expected in November as a decline in the output of motor vehicles offset gains elsewhere, …
EDF’s nuclear reactors will struggle to reach 400 TWH annual output levels again
PARIS (Reuters) – France’s nuclear fleet will struggle to reach previous annual output levels of 400 terrawatt hours over the years to come, the head …
Italy October industry output falls more than expected for second month running
ROME, Dec 13 (Reuters) – Italian industrial output fell more than expected in October after plunging the month before, data showed on Tuesday getting the …
Greek industrial output drops 2.5% y/y in October
ATHENS (Reuters) – Greek industrial output dropped 2.5% in October compared to the same month a year earlier after a downwardly revised 1.2% decline in …
Greek industrial output drops 2.5% y/y in October
ATHENS (Reuters) – Greek industrial output dropped 2.5% in October compared to the same month a year earlier after a downwardly revised 1.2% decline in …
German industrial output falls less than expected in October
BERLIN (Reuters) – German industrial production fell less than expected in October, official data showed on Wednesday, in part dragged down by a decrease in …
Mercedes to double electric motor output at Untertuerkheim – WiWo
BERLIN (Reuters) – Mercedes-Benz is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant, which has traditionally focused on …
Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were “untrue”. …
Brazil industrial output rises in October but near-term outlook remains cloudy
SAO PAULO (Reuters) – Industrial production in Brazil rose 0.3% in October from September, government statistics agency IBGE said on Friday, returning to positive territory …
OPEC oil output drops in November after cut pledged -survey
By Alex Lawler LONDON (Reuters) – OPEC oil output has fallen in November, led by top exporter Saudi Arabia and other Gulf members, after the …