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U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Saudi Arabia-Led Oil Cuts Run Into Gusher of Alternative Supplies
The wild card for the market lies in players such as Nigeria where production has risen unexpectedly but is prone to outages. Source link
America Is Back in the Factory Business
Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains. Source link
Asia stocks wobble as OPEC+ output cuts, weak US data raise uncertainty By Reuters
© Reuters. FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in
OPEC output cut sees counter surprise in weak U.S. manufacturing By Investing.com
© Reuters. By Barani Krishnan Investing.com — OPEC+ appears to have hit bull’s-eye with its to recapture $80 and above for a barrel. The oil
KFC, Other Chains Hunt for Elusive 4-Pound Chicken
A shortage of small-breasted chickens has been raising costs at fast-food restaurants. Source link
OPEC+ Oil Market Move Less Surprising Than It Seems
The latest output cut took the markets by surprise, but conditions might have justified it. Source link