Production

This week, OPEC+ (the 13 members of the Organization of the Petroleum Exporting Countries and 11 other non-OPEC countries) announced that it had decided to stick to its planned production for the rest of 2023, after…

Michael M. Santiago/Getty Images News United Nations Secretary-General António Guterres Exploding fossil fuel companies This week for their attempts to justify continued oil and gas production as "interfering with human survival." The…

Argo Blockchain plc, a major player in the global cryptocurrency mining sector, has provided an operational update for May 2023, showing an increasing number of products being produced. Digital currencies…

The race for Tesla's rivals to become electric cars is getting more competitive as legacy automakers unveil and produce new electric cars and retire their internal combustion engine models.The list of automakers offering new electric cars…

Crude Oil News and Analysis (Brent, WTI)The Saudis call for further cuts in oil production but fail to win overwhelming supportOil technical levels should be noted after gapping higher at the openIG client sentiment hints at a continuation…

Brent Crude Oil Analysis and Talking PointsRussia is finding it difficult to cut production, while the rest of the OPEC+ members are seeking higher prices.The upcoming light economic week gives more focus on OPEC+.The weekly chart for…

© Reuters. FILE PHOTO: Employees stand in front of the Mitsubishi Motors logo at the 2022 Tokyo Auto Salon at Makuhari Messe in Chiba, east Tokyo, Japan on January 14, 2022. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) - Mitsubishi Motors…

ssuaphoto/iStock via Getty Images Tensions are rising between Saudi Arabia and Russia, as Russia continues to pump massive amounts of cheaper crude oil into the market and undermine Saudi efforts to increase prices. The Wall Street…

Local media says that the production of the 2022 Tesla car accounted for 25% of the total car production in Shanghai. According to Chinese local media reports, Tesla Inc (NASDAQ: TSLA) vehicles accounted for nearly a quarter of total…

(Reuters) - Nikola Corp. reported a larger quarterly loss on Tuesday and said it would pause production to streamline an assembly line at its College, Arizona, plant amid slowing demand for its battery-powered trucks.Investors focused on…