Oil Production vs. Oil Prices
Source: Federal Reserve Bank of St. Louis This is an intriguing energy chart, via the St Louis Fed, showing 3 specific items: Conventional Oil Production Shale Oil (e.g., Fracking.....»»
The microchip shortage explained: How it"s impacting car prices and the tech industry
A shortage of microchips has slowed production of cars and laptops and delayed the iPhone 12. What happened? Did the.....»»
Highlights of the day: Notebook battery prices set to rise
Rising material prices are driving up production costs in many sectors, including notebook batteries. Vendors of notebook batteries are now mulling raising prices by 10-15%. ODM Pegatron expec.....»»
Gas prices have been rising but OPEC keeps oil production cuts
The price of crude oil influences U.S. gasoline prices, already rising after February’s winter storms took 26 refineries offline. OPEC and allied countries are leaving most of their ex.....»»
U.S. oil futures end at highest since 2019 as OPEC+ agrees to keep production cuts in place
Oil futures ended higher on Thursday, with U.S. prices at their highest since April 2019, FactSet data show. The Organization of the Petroleum Exporting Countries and its allies decided to keep its production cuts in place through April at its meeti.....»»
Future of gas prices may be riding on today’s OPEC meeting
The price of crude oil influences U.S. gasoline prices, which are already rising after February’s winter storms took 26 refineries offline. OPEC could decide to increase production at today's meeting, which would ease pressure.....»»
U.S. oil futures settle below $60 for first time in more than a week
Oil futures fell on Tuesday, with U.S. prices settling below the $60 mark for the first time since Feb. 19. Traders weighed prospects for crude production, with the Organizat.....»»
Oil rallies by roughly 4% on bets for a slow recovery in Texas crude production
Oil futures rallied on Monday, with prices up by more than 3%, as traders bet that the market will see a slow recovery from the frigid Texas weather that led to reductions .....»»
Futures Movers: Oil prices end lower on talk of potential OPEC+ output increase
Oil futures end lower on Thursday, as pressure from talk of a potential production increase by OPEC+ outweighed support from a fourth straight weekly decline in U.S. inventories......»»
Futures Movers: Oil prices move up as U.S. supplies fall a 4th straight week and Texas deep freeze continues
Oil futures shake off earlier losses Thursday after a U.S. government report showed a fourth straight weekly decline in domestic inventories, as traders weighed the impact of the deep freeze in Texas on energy production and demand......»»
Oil, gas prices jump as deep freeze paralyzes Texas
Oil and gas prices continued to climb Tuesday as frigid wintry weather choked off wells and refineries and shut in natural gas production in Texas and Oklahoma and left millions of people without power......»»
US oil and natural gas prices rise as freezing temperatures leave millions without power in Texas
Rare winter storms have sent oil and natural gas prices spiking, as sub-zero temperatures hit production and cause demand to jump. Temperatures have plunged in Texas, causing energy prices to spik.....»»
Futures Movers: U.S. oil prices post highest finish in over a year
Oil futures rise Tuesday, with expectations that efforts by major oil producers to reduce production will lead to tighter global supplies lifting U.S. prices to their highest settlement in more than a year......»»
Notebook ODMs mull hiking quotes to reflect rising components costs
Taiwan-based notebook ODMs plan to raise their quotes to reflect rising component prices that have been heaping pressure on their production costs, according to industry sources......»»
Futures Movers: Oil prices get a boost from risks to global supplies
Oil futures finish higher Monday, lifted by supply concerns as Iraq reportedly plans to cut production and Libya sees disruptions to crude exports due to a pay dispute......»»
Futures Movers: Oil prices lifted by supply concerns
Oil futures trade higher Monday, lifted by supply concerns as Iraq reportedly planned to cut production and Libya saw disruptions to crude exports due to a pay dispute......»»
Agriculture Update: The Soybean Market Is Hot
Global soybean market affected by increased demand and low crop production Soybean futures prices have reached t.....»»
Oil prices rise to near 1-year highs as vaccines, stimulus and Saudi Arabian production cuts lift the energy outlook
With a vaccine gradually rolling out and trillions of dollars in gover.....»»
China LED firms raise prices
China-based suppliers of components and materials for LED packaging have recently hiked quotes by 5-10% to reflect increased production cost, prompting local LED packagers to adjust their prices upward, according to industry sources......»»
Highlights of the day: Labor issues may mar iPhone production
Apple has put two of its manufacturers on probation due to labor isssues, which may tighten supply of iPhones. DRAM spot maket prices have shot u.....»»
Oil futures end higher, with U.S. prices at highest since early April
Oil futures ended higher on Thursday, with recently announced production cuts, as well as .....»»