production cuts News

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...