Now, two years of production cuts by Opec+ producers mean the group is sitting on more than 5mn barrels a day of spare capacity, which could be brought back if Iranian supply was suddenly disrupted.
The ships that have been blocked may be carrying certain goods or commodities, which, if the blockage lasts for an extended period of time, could create a supply shock. Generally, no. Inflation is ...
Saudi Arabia’s non-oil exports surged by 19.04 percent to reach SR25.38 billion ($6.76 billion) in July, compared to the same month of the previous year, official data showed, Arab News reports.
As Chamundeshwari Electricity Supply Corporation (CESC) has taken up its 2nd quarterly maintenance works at Hebbal and Metagalli Power Distribution Centre, there will be no power supply tomorrow ...
The Ministry of Defence (MoD) has announced the takeover of a chip factory in the North East of England, which the department has described as a "crucial" part of the UK's defence supply chain.
A quieter primary market for non-QM RMBS this week allowed two issuers that did turn to the market to tighten inside guidance, as last week’s concerns around overcrowding and supply fatigue ...
“A supply chain disruption would undoubtedly lead ... rail and trucking companies." No matter what, the story ends with higher prices If port workers strike, Americans may see price increases ...
Emergency crews were called to Highway 41 at Walsh Road around 4 p.m. on Thursday after a motorcycle collided with a farm tractor, police said in a news release. Police said the driver of the farm ...
President of Belarus Aleksandr Lukashenko agreed to the appointment of Sergei Avramenko as Director General of the Minsk Tractor Plant (MTZ ... Processing and Supply of Scrap and Waste of Ferrous and ...