Basic Materials Roundup: Market Talk

Rio Tinto, Suncor and more in the latest Market Talks covering Basic Materials.

Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says

Updated Oct. 14, 2023 11:22 am ET Ford Motor is considering cutting a work shift at the plant where it builds its electric F-150 Lightning pickup as demand for the EV truck falters, according to a memo from a United Auto Workers official.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Reference

U.S. Oil Inventories Rise as Domestic Production Hits Record High

U.S. oil inventories jumped by 10.2 million barrels last week, much more than expected, as domestic production hit a record high. Source link

The Rare Indicator That's Still Optimistic About China's Property Market

Iron ore’s price has risen more than 20% since late May, outperforming metals such as copper and gold. Source link

Private Equity's Bet on Fertility Focuses on Sector's Staffing Shortages

Private-equity-backed fertility clinics are looking to fund more specialized training to bolster their ranks. Source link

German Industrial Production Falls More Than Expected

Germany’s industrial output declined 0.2% in August, yet more negative news for the country’s key manufacturing base. Source link

The Companies Bringing the Office to Remote Workers

After employees moved away during the pandemic, some businesses are opening workspaces in their new cities. Source link

Saudi Arabia has told the White House it would be willing to boost oil production early next year if crude prices are high, a move aimed at winning goodwill in Congress for a deal in which the kingdom would recognize Israel and get a defense pact with Washington.

Saudi Arabia has told the White House it would be willing to boost oil production early next year if crude prices are high, a move aimed at winning goodwill in Congress for a deal in which the kingdom would recognize Israel and get a defense pact with Washington. Source link

Saudi Arabia Willing to Raise Oil Output to Help Secure Israel Deal

Riyadh has signaled to the White House it would act if crude prices are too high to win goodwill in the U.S. Congress. Source link

Lessons from the 1970s Energy Crisis Can Help Prevent the Next One

By Jason Bordoff and Meghan L. O’Sullivan Oct. 6, 2023 10:59 am ET Listen to article (3 minutes) Fifty years ago this month, Arab members of the Organization of the Petroleum Exporting Countries cut off oil shipments to the U.S. in retaliation for American support of Israel during the 1973 Arab-Israeli War. The resulting energy … Read more