The OPEC+ “precautionary” decision to postpone crude production hikes until after the first quarter bides the group time to assess developments in global demand, European growth…
Novo Nordisk’s new manufacturing facility in Clayton, North Carolina.Courtesy: Novo NordiskNovo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant…
Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts…
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the…
By Maria Martinez German industrial production fell sharply in March due to an intensification in supply-chain problems and higher input prices. Total industrial output–comprising production in…
OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping…