production decline News

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

Crude oil prices rose by over 1% as the Gaza conflict persists and OPEC+ reports a production decline. Hamas rejected Israel's ceasefire proposal, and OPEC+ announced a decrease in...

US Manufacturing Sector Shows Signs of Slowdown in March Amidst Declining Production and Orders

The US manufacturing sector's growth slowed in March, with the PMI dropping to 50.2 from 52.7 in February, marking the weakest increase this year. Production fell for the first tim...

December Sees Further Decline in German Manufacturing Sector Activity

The German manufacturing sector's activity continued to decline in December, with the HCOB Germany Manufacturing PMI dropping to 42.5. Experts predict a challenging start to the ne...

Toyota's Global Sales Climb by 1.7% in November, Marking a Significant Milestone

Toyota Motor Corporation announced a 1.7% increase in global sales for November, reaching 920,569 units. Despite a 6.6% drop in domestic sales in Japan, international sales grew by...