OPEC+ maintains its production plans

The Joint Ministerial Supervision Committee (JMMC) of OPEC+, a group formed by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, has determined to maintain the 'status quo' in oil production, as…

Tesla posts loss on Bitcoin trades

Electric vehicle maker Tesla posted a gross impairment loss of $204 million on its Bitcoin holdings in 2022, according to a report filed with the US Securities and Exchange Commission (SEC). Despite recording a profit of 64 million from…