Saudi Arabia is advocating for OPEC+ to implement its next oil production increase ahead of its originally scheduled late 2026 date, which could restore 1.66 million barrels per day. This proposal ...

New Delhi: India’s industrial output expanded 3.5% in July, its fastest pace in the current financial year, aided by a robust manufacturing sector ahead of the festival season and in anticipation of ...

LONDON/MOSCOW/BAGHDAD (Reuters) -OPEC+ is set to agree to further raise oil output on Sunday, while probably slowing the pace of increases from October compared with recent months because of weakening ...

(Reuters) -China's chipmakers are seeking to triple the country's output of artificial intelligence chips in 2026, rushing to reduce dependence on Nvidia, the Financial Times reported on Wednesday.

U.S. crude oil production hit a new record in June at 13.58 million barrels per day, according to the Energy Information Administration’s latest Petroleum Supply Monthly. That’s 133,000 barrels more ...

NEW YORK (Reuters) -Oil prices eased about 1% to a two-week low on Thursday on negative economic news from the U.S. and expectations OPEC producers would increase output targets at a meeting this ...

Activity in the UK’s services sector rose to a 16-month high in August as businesses enjoyed bigger workloads and rising sales at home and overseas, new figures show. The S&P Global UK services PMI ...

(CNN) — OPEC+ will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ sources ...

The index of industrial production rose to a four-month high of 3.5 percent in July, as compared to a 1.5 percent rise in June, data released by the government on August 28 showed. The ...

Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on ...