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Iraq Bulletin

Tag : global demand

Business

Korea’s August exports jump 68.7% to $98.25 billion on chips

iraqbulletin.co
The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade, Industry and Resources confirmed that...
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

iraqbulletin.co
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts...