Oil’s global glut threatens to drag prices lower in ‘tricky year’ ahead

[ad_1] OPEC+’s additional 900,000 barrels a day of voluntary supply curbs, agreed to just a few weeks ago, are a sticking point for analysts and traders trying to price in…

Tenant demand still robust amid glut of speculative warehouse developments | Long Island Business News

[ad_1] Listen to this article In keeping with the mantra “if we build it, they will come,” Long Island has seen the development of a record number of new speculative…

China’s Spending on Green Energy Is Causing a Global Glut

[ad_1] Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China…

WeWork Files for Bankruptcy Amid Glut of Empty Offices

[ad_1] WeWork, the real estate company that offered start-ups and individuals sleek quarters to pursue their entrepreneurial dreams, filed for bankruptcy protection in the United States on Monday after years…

Oil prices slide as glut overshadows vaccine optimism

[ad_1] [1/4]The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann SINGAPORE, Dec 14 (Reuters) – Oil prices fell on Monday as persistent…

China refiners stoke petrochemical glut in market-share war

[ad_1] [1/2]A worker drives a forklift past sacks of polyester-making chemicals, waiting to be shipped, at Hengli Petrochemical’s new refining, petrochemical complex at Changxing island in Dalian, Liaoning province, China…

Egg Glut: How Nigeria ended up with 20 million unsold crates of eggs 

[ad_1] Article summary Nigeria is currently facing an egg glut with 20 million unsold crates of eggs. The glut is attributed to poor storage infrastructure, naira scarcity, and a lack…

The surreal, but also real, problem of Britain’s gas glut

[ad_1] The UK energy system is drowning in natural gas. There is so much of the stuff in this country that for the time being at least no-one is quite…

Samsung cuts output to tackle global memory chip glut as profits tumble

[ad_1] Samsung Electronics said it would make a “meaningful” cut in memory chip production in a significant move to ease an industry glut as its quarterly operating profit plunged 96…

Nike Sales Jump as It Works Through Inventory Glut

[ad_1] Profit at the sneaker maker fell 11% as it relied on higher markdowns. [ad_2] Source link