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Russia deputy prime minister Novak said on Thursday oil output will fall slightly this year but the decline is temporary and production should rebound as domestic refineries complete planned maintenance. A draft government forecast, citing the Russia

2026-09-03

Russia deputy prime minister Novak said on Thursday oil output will fall slightly this year but the decline is temporary and production should rebound as domestic refineries complete planned maintenance. A draft government forecast, citing the Russia-Ukraine war, cuts this year’s oil production projection to a 17-year low and trims fuel export forecasts for 2026 and 2027. The draft lowers projected oil output for 2026–2029 by 16–20 million tons versus the May forecast.

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2026-09-02

U.S. Secretary of State Rubio: I hope we can return to the original agreement with Canada.

U.S. Secretary of State Rubio: I hope we can return to the original agreement with Canada.
2026-09-03

Broadcom (AVGO.O) forecast Q4 revenue of $34.8bn, below analysts' average $35.1bn and well under some expectations above $36bn, indicating AI-driven revenue may be ramping slower than investors expected. NVIDIA's strong guidance Last week had boosted

Broadcom (AVGO.O) forecast Q4 revenue of $34.8bn, below analysts' average $35.1bn and well under some expectations above $36bn, indicating AI-driven revenue may be ramping slower than investors expected. NVIDIA's strong guidance Last week had boosted market demand assumptions for AI chips. Broadcom is rolling out custom AI processors to challenge NVIDIA; the business has won some large customers but remains at an early stage. Competitors Marvell and MediaTek, both supported by NVIDIA, add competitive pressure. Broadcom shares fell about 6% in after-hours trading.
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