Essayer OR - Gratuit
OPEC+ Hikes Oil Output Again in Market Share Push
Mint Kolkata
|August 04, 2025
The move marks a full and early reversal of the bloc's largest tranche of production cuts
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia.
The move marks a full and early reversal of OPEC+'s largest tranche of output cuts plus a separate increase in output for the United Arab Emirates amounting to about 2.5 million barrels per day, or about 2.4% of world demand.
Cette histoire est tirée de l'édition August 04, 2025 de Mint Kolkata.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Kolkata
Mint Kolkata
Confront reality: India’s flywheel may need fresh grease
It’s the best of times. It’s the worst of times. Charles Dickens wasn’t an economist, not by far, but his immortal lines in A Tale of Two Cities perfectly captures India’s macro-economic dilemma today.
3 mins
May 15, 2026
Mint Kolkata
ASK launches ₹2,500-cr 2nd pvt credit fund
ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, launched its second private credit fund with a target corpus of ₹2,500 crore, including a ₹1,500 crore green-shoe option, a top executive at the company said.
1 min
May 15, 2026
Mint Kolkata
Amazon AI success sends stock racing toward $3 tn club
Investors are growing increasingly optimistic about Amazon.com Inc.’s position in artificial intelligence (AI), lighting a fire under the stock and sending the company’s market capitalization soaring toward the rarefied $3 trillion level.
2 mins
May 15, 2026
Mint Kolkata
FMCG firms begin hiking prices as war hits input costs
Consumer goods makers are raising prices and bracing for weaker demand as commodity inflation spreads across fuel, packaging and food inputs.
3 mins
May 15, 2026
Mint Kolkata
Sebi plans overhaul of commodity options framework
Market regulator Securities and Exchange Board of India (Sebi) on Thursday proposed removing the “close-to-the-money” (CTM) category in commodity options contracts as part of a broader clean-up of India’s derivatives regulations aimed at simplifying trading and reducing compliance burdens for exchanges.
1 min
May 15, 2026
Mint Kolkata
Honda posts first annual loss in 70 yrs
Honda Motor posted its first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs to restructure its electric-vehicle (EV) business, and the firm scrapped its long-term EV sales target.
1 min
May 15, 2026
Mint Kolkata
Xi warns Trump that Taiwan differences may lead to feud
The pair met for about two hours behind closed doors at the Great Hall of the People
4 mins
May 15, 2026
Mint Kolkata
Kaynes Technology misses Street estimates, FY26 guidance
Kaynes Technology India plunged more than 19% on Thursday as India’s third-largest electronics manufacturer drew investor ire over missing revenue and cash flow targets and failing to provide guidance for 2026-27.
1 mins
May 15, 2026
Mint Kolkata
E-gold receipts offer access; gaps remain
Over the last few days, market intermediaries have launched regulated versions of digital gold that also allow individuals to take physical deliveries. On paper, these products promise the best of both worlds: access to high-purity gold at transparent prices without the hassle of storage.
2 mins
May 15, 2026
Mint Kolkata
JSW Steel raises capacity target sharply amid strong FY26 show
Sajjan Jindal-led JSW Steel plans to nearly double its capacity to about 80 million tonnes per annum (mtpa) by 2031 through aggressive brownfield expansion and joint ventures, positioning India’s largest steelmaker among the world’s biggest producers.
2 mins
May 15, 2026
Listen
Translate
Change font size