OPEC+ boosts oil output at a slower pace; raises concerns over low investments
The OPEC group and its allies decided on Wednesday to boost production in September at a slower pace than in previous months.
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The OPEC group and its allies decided on Wednesday to boost production in September at a slower pace than in previous months.
Crude oil has recovered from yesterday’s sell-off however, volatility may return as official Omicron-related data is yet to filter through to markets
Production falls short of planned rise despite calls for more from consumers
Manufacturing Activity Falls Marginally in February: PMI The PMI fell slightly to 57.5 in February from 57.7 in January, but goods producers expect output to increase over the year. Representative image. Photo: Reuters Economy01/Mar/2021 New Delhi:Â India’s manufacturing sector activities eased slightly in February, but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell marginally to 57.5 in Febr...
And russians, keen to increase production, we've seen the oil price rise, now this morning it's fallen slightly. it seems the iranians are on board with the output increase, we could see gas prices come down as a consequence. good news there. a story out of the tech world, instagram making a push into long forum video hub. >> $is 1.9 billion monthly users. instagram announcing they've got one billion this is an effort by facebook, which has 2.2 billion monthly users. india indiana, instagram trying to compete with facebook. you will be able to use long form videos of yourself