Oil retreats as investors’ focus on Ukraine, US fuel supplies
Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and eyed large surpluses in US petrol and diesel inventories. Source link
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supplies
Nexperia cuts wafer supplies to Chinese plant, ratcheting up chip disruptions
The move comes after the Dutch chipmaker’s Chinese unit resumed supplying semiconductors to local customers [BEIJING/TAIPEI] Dutch chipmaker Nexperia has suspended supplies of wafers to…
How Amazon is using its delivery infrastructure to get disaster supplies to Jamaica
When Hurricane Melissa began moving toward Jamaica earlier this week, Amazon’s chief meteorologist was watching closely—not just for the company’s global shipping operations, but also to…
US pulls TSMC’s waiver for China shipments of chip supplies
The US has revoked Taiwan Semiconductor Manufacturing Co’s (TSMC) authorisation to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing its production…
Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had confirmed that an agreement had been reached with…
Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices
Oil prices are falling. Economists are cutting forecasts for global economic growth. Oil giants are reporting lower profits. But on Saturday, eight countries that belong to the oil cartel…
China claims no need for US grain as Brazil supplies grow
China’s grain supply will not be affected by a loss of US feed grain and oilseed imports, thanks to abundantly available substitutes on the global market and sufficient reserves at home, a…
Oil posts weekly fall on tariff worry and rising supplies
Oil prices edged higher on Friday (Apr 25) but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the US…
'No heating, no light': Moldovans fear looming energy shortage as Russia halts gas supplies
CHISINAU, Moldova (AP) — On a frigid morning in Moldova’s capital, 39-year-old postal worker Petru Murzin braces for a difficult winter as he fears a looming energy shortage could leave…
Guinness supplies being limited after demand soars
The amount of Guinness pubs can buy in the build up to Christmas has been limited by its maker Diageo after "exceptional demand" over the past three weeks. It is understood the firm is…
South Africa cuts supplies to thousands of illegal miners hiding underground
An estimated 4,000 illegal gold miners are hiding underground in South Africa after the government cut off food and water in an effort to "smoke them out" and arrest them. The miners have…
Scholz promises Israel further supplies of German-made weapons
In the past eight weeks, the German government has approved military equipment and munitions exports to Israel worth around €31 million ($33.7 million), more than twice as much as during…
West Asia tensions may disrupt oil supplies if attacks reach Hormuz Strait
6 min read Last Updated : Oct 03 2024 | 11:33 PM IST There is a 160-year history entwining wars and oil prices. During the American Civil War, which raged from 1861 to 1865, oil prices…
Children at risk of dying in famine-hit Darfur as medical supplies are blocked, an aid group says
CAIRO (AP) — Malnourished children in a famine-hit camp for war-displaced people in Sudan’s western region of Darfur are at risk of dying, an aid group said Sunday, because it was forced…