The Organization of the Petroleum Exporting Countries' report, published in June, placed Venezuela's oil production at the end of May at 1,066,000 bpd; a slight increase compared to April's 15,000 bpd.
According to these OPEC data, Venezuela "maintained an average of around one million barrels per…
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may
China’s industrial sector reported expansion in May
Reports for May in China's industrial sector indicate sustained growth, driven by innovation. According to data for last month, "China's value-added industrial output grew 5.8 percent year-on-year."
In the manufacturing sector, value-added…
OPEC+ members agreed to increase production
The recent decision by eight OPEC+ members to maintain the increase in crude oil production in May led prices to extend their previous losses.
On Thursday, April 3, Russia, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Algeria,…
Apple will present the new iPad on May 7
Apple is all set to announce its next products on May 7, during the Let Loose event on its website. These are the iPad Pro with an OLED screen and the iPad Air with a 12.9-inch screen.
The new devices incorporate new features, such as…
Interannual inflation in Argentina was 114.2 %
The Consumer Price Index (CPI) of Argentina returned repeatedly in May above three digits, reaching 114.2 % year-on-year, which represents an increase of 5.4 points compared to the data for April.
For its part, according to the National…
US unemployment rate rose three tenths in May
The unemployment rate in the United States rose three tenths in May, up to 3.7 %, despite the fact that 339,000 new jobs were created, according to data published by the Labor Department.
However, the unemployment rate in the US still…
Argentina and the IMF want an agreement before May
The spokesman for the International Monetary Fund (IMF), Gerry Rice, said that the Washington-based institution will do everything possible to reach a debt agreement with Argentina before May, as suggested by Argentine Economy Minister,…