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OPEC+ to raise August oil production quotas by 188,000 bpd, the statement said.

2026-07-05

OPEC+ to raise August oil production quotas by 188,000 bpd, the statement said.

Other News
2026-07-05

Foxconn: Revenue in June 2026 increased by 52.11% year-on-year, and revenue in the second quarter increased by 39.83% year-on-year.

Foxconn: Revenue in June 2026 increased by 52.11% year-on-year, and revenue in the second quarter increased by 39.83% year-on-year.
2026-07-05

Yongding Co. expects 1H 2026 net profit attributable to parent of 500–700 mln yuan, up 57%–120% YoY. Prior-year period included an investment gain from an associate’s disposal of a subsidiary; no comparable item occurred in the current period. Profit

Yongding Co. expects 1H 2026 net profit attributable to parent of 500–700 mln yuan, up 57%–120% YoY. Prior-year period included an investment gain from an associate’s disposal of a subsidiary; no comparable item occurred in the current period. Profits at the automotive wiring-harness and overseas engineering declined segments YoY. The profit increase is chiefly driven by the optical communications unit, which benefited from accelerated digital-economy rollout and a surge in AI compute demand that lifted fiber volumes and prices, producing sizable margin gains.
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