Production – Page 11

Oil Producers Fail to Agree on More Production Cuts

Oil prices fell after OPEC Plus’s year-end gathering failed to produce substantial cuts in output. But the group said Brazil, an oil giant, was expected to join.

By Stanley Reed

Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Saudi Arabia Saudi Aramco

In a Shaky Oil Market, OPEC Has Bitter Decisions to Make

Anticipating a drop in demand for 2024, major producers, led by Saudi Arabia, are trying to reduce supply.

By Stanley Reed

Detroit (Mich) Electric and Hybrid Vehicles Factories and Manufacturing Fain, Shawn Ford Motor Co General Motors Labor and Jobs Organized Labor Production Stellantis NV Strikes United Automobile Workers United States Wages and Salaries

U.A.W. Reaches Tentative Deal With Stellantis, Following Ford

Stellantis, the parent of Chrysler, Jeep and Ram, and the United Automobile Workers union said they had reached a deal on a new contract similar to the one that the union reached with Ford.

By Neal E. Boudette

Energy and Power Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Politics and Government Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Strategic Petroleum Reserve (US) United States Economy United States Politics and Government

Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring

The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now

By Jim Tankersley and Ben Casselman

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