World Business NewsChina's independent oil firms ramp up investments in Iraq amid global major withdrawal
Small Chinese firms aim to double Iraq output to 500,000 bpd by 2030 as Baghdad taps Chinese independents to accelerate production
Aug 4, 2025
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Reuters
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World Business News
World Business NewsChina's solar giants quietly shed a third of their workforces last year
Over 40 solar firms have delisted, gone bankrupt or been sold since 2024; Beijing signals intervention to cut capacity, stabilize prices
Aug 4, 2025
World Business NewsChina welcomes 183 Brazil coffee sellers in wake of US tariffs
New Chinese export permits are valid for five years ahead of a 50% US tariff on some Brazilian products to begin on August 6
Aug 4, 2025
World Business NewsIndia to maintain Russian oil imports despite Trump threats, government sources say
Indian officials deny policy change on Russian oil imports; Foreign ministry emphasises independent energy decisions
Aug 4, 2025
World Business NewsOil prices continue decline after OPEC+ announces September production hike amid US economic concerns
Brent crude drops 0.57% to $69.27, while U.S. West Texas Intermediate falls 0.55% to $66.96 after both contracts closed $2 lower last week
Aug 4, 2025
World Business NewsOPEC+ to increase oil production by 547,000 bpd in September amid supply disruption concerns linked to Russia
OPEC+ to reconvene on Sept. 7 to discuss potential reinstatement of 1.65 million bpd output cuts, sources say
Aug 4, 2025
World Business NewsBangladesh secures 20% US tariff, bringing relief to exporters in world's second-largest garment supplier
Dhaka’s new rate is in line with those offered to other major apparel-exporting countries; Pakistani exporters cautious about impact of 19% tariff
Aug 2, 2025
World Business NewsUS sanctions force vessels with Russian oil to divert from India, sources say
Three ships were scheduled to deliver Russian oil to Indian ports this month
Aug 2, 2025
World Business NewsOil prices drop $2 a barrel amid concerns over potential OPEC production increase
Oil prices head for weekly gain; Investors weigh impact from Trump threats over Russian oil
Aug 2, 2025
World Business NewsMarkets dive after Trump hits more countries with steep tariffs
Brazil, Canada, India, among countries hit by steep tariffs; Switzerland stunned, seeks new talks
Aug 2, 2025
HeadlinesPakistan to get first US oil shipment as Cnergyico seals import deal: report
Deal diversifies crude sourcing, reduces reliance on Middle Eastern suppliers; Cnergyico may import at least one US crude cargo per month, plans refinery upgrades
Aug 1, 2025
World Business NewsOil steadies as concerns about tariff impacts vie with Russian supply threats
Brent crude futures rise 4 cents, or 0.06%, to $71.74, US West Texas Intermediate crude up by 1 cent, or 0.01%, to $69.27
Aug 1, 2025