production cuts News

Fitch Ratings Downgrades 2025 Global Auto Outlook Amid Rising US Tariff Concerns

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and weake...

Fitch Ratings Downgrades 2025 Global Auto Outlook Amid US Tariff Concerns

Fitch Ratings downgrades the 2025 global automotive sector outlook to 'deteriorating' due to US tariffs on imported vehicles, warning of production cuts, increased costs, and impac...

Oil Prices Surge Amid Gaza Conflict and OPEC+ Production Cuts: What Investors Need to Know

Crude oil prices rose over 1% as Gaza conflict tensions escalate and OPEC+ cuts production. Hamas rejects Israel's ceasefire, demanding troop withdrawal. OPEC lowers 2025 oil deman...

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose by over 1% as ceasefire hopes between Israel and Hamas faded, and OPEC+ reported a production decrease. WTI and Brent prices saw notable increases.

Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as Gaza ceasefire hopes dimmed after Hamas rejected Israel's proposal. OPEC+ reported a production drop, and OPEC lowered its 2025 oil demand forecast...

General Motors Slashes Electric Van Production in Canada Amid Market Demand Shifts

General Motors reduces BrightDrop electric van production in Canada due to market demand, leading to job cuts and a temporary plant shutdown, while affirming commitment to EV produ...

OPEC+ Meeting: Crude Oil Prices Surge 1% Ahead of Key Decision

Crude oil futures prices rose by 1% on Tuesday as traders awaited the OPEC+ meeting scheduled for Thursday, December 5. The organization is expected to extend its production cuts u...