OPEC to boost oil output as economies recover, prices rise

Check out what’s clicking on FoxBusiness.com. The OPEC oil cartel and allied producing countries plan to restore 2.1 million barrels per day of crude production, balancing fears that COVID-19 outbreaks…

Ford posts profit, says chip shortage to slash Q2 output by 50%

Check out what’s clicking on FoxBusiness.com. Ford Motor Co on Wednesday said it expects a global semiconductor shortage could ease this summer but may not be fully resolved until 2022,…

Oil prices slip after OPEC+ agree to ease output cuts

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SINGAPORE – Oil prices edged down in early Asian trade on Monday after OPEC+ agreed last week to…

Oil prices gain on expectations OPEC+ will keep lid on output

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Oil prices rose on the eve of meeting between OPEC and its allies, as investors were betting…

GM says no reason to cut Brazil auto production as rivals curb output due to pandemic

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SAO PAULO – General Motors Co on Monday said it saw no reason to cut auto production in…

Chevron vows to slow carbon emissions, raise oil output with modest spending

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Chevron Corp on Tuesday outlined a plan to expand oil and gas production through 2025, but without spending…

Oil prices jump by more than a dollar as US output slow to return after winter storms

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SINGAPORE – Oil prices jumped by more than $1 on Tuesday, as U.S. output was slow to return…

Oil drops as investors gauge big chill impact on US refineries, OPEC+ output rise

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Oil prices slid by up to 2% in early trade on Friday, adding to overnight declines, on worries…

Texas electric grid operator says frozen wind turbines are hampering state’s power output: report

Extreme cold weather is bringing arctic air as far south as the Gulf of Mexico. Fox News senior meteorologist Janice Dean with more. About half of Texas’ wind power generation capacity has…

OPEC crude output cuts should help US shale profits in 2021

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas…