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Smartphone-use lens module maker Genius Electronic Optical (GSEO) has approved a plan to set aside a budget of NT$2.098 billion (US$74.98 million) to purchase new equipment that will help it ramp up output to satisfy future market demand......»»

Oil advanced for a second day on signs fuel consumption is starting to recover in the world’s biggest economies, while global production cuts also begin to offset the demand destruction caused by the coronavirus......»»

Oil prices jumped on Thursday, extending steep gains in the previous session on signs the U.S. crude glut is not growing as quickly as expected and that gasoline demand battered by COVID-19 restrictions is starting to pick up......»»

China's daily crude oil throughput in March hit the lowest level since December 2018 with state refiners maintaining deep output cuts as the coronavirus pandemic eroded fuel demand......»»

San Antonio-based refiner Valero Energy Corp. has taken steps to reduce its output in light of the drastic drop in gasoline demand, but it likely won't be enough to prevent a billion-dollar loss for the first quarter, the company reported Monday. Valero.....»»

Oil refiners across the U.S. are being forced to throttle back operations amid a historic plunge in gasoline demand and prices......»»

Oil refiners across the U.S. are being forced to throttle back operations amid a historic plunge in gasoline demand and prices......»»

The oil products markets globally are caught between a rock and a hard place as the impact of ultra cheap oil, which should be a boon for refiners, is mitigated by record low prices for gasoline and jet fuel......»»

China's crude oil imports in September rose 10.8% from a year earlier as refiners ramped up output amid stable profit margins and solid fuel demand......»»

Oil prices fell on Friday and posted a weekly loss on a faster-than-expected recovery in Saudi output, while investors also worried about global crude demand amid slowing Chinese economic growth......»»

Oil prices steadied on Friday but were heading for a weekly loss on a faster-than-expected recovery in Saudi output, while investors also worried about global crude demand amid slowing Chinese economic growth......»»

Oil prices fell on Friday and were heading for a weekly loss on a faster than expected recovery in Saudi output while slowing Chinese economic growth dampens the demand outlook......»»

Oil prices were steady on Friday but headed for a weekly loss, weighed down by slowing Chinese economic growth that dampens the demand outlook and a faster-than-expected recovery in Saudi output......»»

Oil prices fell on Friday as economic headwinds revived concerns of slowing global demand growth and a faster-than-expected recovery in Saudi crude oil output eased worries over potential major supply disruptions......»»

Oil prices fell on Tuesday after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand and as Saudi Arabia could restore oil output faster than anticipated following attacks last week......»»

China's coal output rose in June from the previous month to a record high, official data showed on Monday, as miners ramped up production to ensure supply ahead of peak summer demand for electricity......»»

China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity......»»

The OPEC+ alliance is poised to extend production cuts into 2020 as the world’s leading oil exporters fret about a weakening outlook for global demand growth and the relentless rise in output from America’s shale fields......»»

InvestorPlace - Stock Market News, Stock Advice & Trading Tips As nationw.....»»

FuelCell Energy (FCEL) to augment its annual production by 120% to 55MW for meeting the surge in demand for cle.....»»