OPEC+ Ramps Up July Output to Reclaim Market Share
OPEC+ increases July oil production by 411k bpd to reclaim market share, shifting focus to volume over price.
Production
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Chinese Exporters Accelerate Production Amid Tariff Pause
Chinese exporters boost production for the U.S. market as a 90-day tariff pause sparks a surge in global orders.
NEV Surge in Q1: Record Production & Sales on the Chinese Mainland
NEV production surged by 50.4% and sales by 47.1% in Q1 2025 on the Chinese mainland, marking a pivotal shift with NEVs now accounting for 41.2% of total vehicle sales.