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Tag: output
Oil prices rise as crude output declines due to strike by Kuwaiti workers
2016-04-19 01:00:00| Offshore Technology
Oil prices have increased following a fall in crude production due to a strike by oil workers in Kuwait.
Toyota seen losing $277m as quakes halt Japan output
2016-04-18 15:46:02| Electronics - Topix.net
Toyota Motor Corp may see its operating profit reduced by about 30 billion yen for the current quarter after a series of earthquakes struck southern Japan and disrupted parts supplies to the world's largest automaker. Production shifts stopped late last week at Toyota's Kyushu factories and will extend to other Japan assembly lines in stages throughout this week, Toyota said in a statement.
Tags: japan
output
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Oil price dives after output talks fail
2016-04-18 10:21:52| BBC News | Business | UK Edition
The price of oil drops sharply after a meeting of oil producers fails to reach an agreement on freezing output.
Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay
2016-04-18 05:44:11| Energy - Topix.net
Kuwait's crude production tumbled by 60 percent and its refineries scaled back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike. The OPEC member's production dropped to 1.1 million barrels a day, Saad Al-Azmi, deputy chief executive for finance and spokesman at Kuwait Oil Co., said in posts on Instagram and Twitter on Sunday when workers walked off the job.
Oil prices fall after producers fail to reach deal at Doha's meeting to freeze output
2016-04-18 01:00:00| Offshore Technology
There has been a fall in oil prices after major oil producers failed to reach an agreement to freeze output at a meeting in Doha on 17 April.
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