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In March 2024, output decreased over a month in the manufacturing industry (‑0.5% after +1.0% in February 2024) and in the whole industry (‑0.3% after +0.2%). In March 2024, production fell back in the “other manufacturing industries” (‑0.8% after +1.4%), in the manufacture of machinery and equipment goods (‑1.1% after +1.5%), in the manufacture of coke and ...
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Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday. The Federal Trade Commission said Sheffield exchanged hundreds of text messages discussing pricing, production and oil market dynamics with officials at the Organization of ...