Exporting News

• Gas prices in the U.S. expected to rise
  
  A decision by the OPEC+ alliance of oil-exporting nations to cut production of crude coupled with refinery woes in the West and Midwest are pushing gas prices higher just before the midterm elections. Jonathan Vigliotti reports.
  CBS News.  Friday, 7 Oct 2022.
• Opec: What is it and what is happening to oil prices?
  
  The world's major oil exporters have agreed to cut production by two million barrels a day.
  BBC News.  Wednesday, 5 Oct 2022.
• Saudi Arabia expected to support Putin by cutting oil production today to drive up prices
  
  The 13-nation OPEC cartel and its 10 Russian-led allies of oil-exporting countries will debate a cut of up to two million barrels a day it ships to the global economy.
  Daily Mail.  Wednesday, 5 Oct 2022.
• Oil prices to rise as two million fewer barrels to be produced each day
  
  Two million fewer barrels of oil are to be produced each day, equivalent to 2% of global supply, the Organisation of the Petroleum Exporting Countries (Opec) and Russia have agreed.
  Sky News.  Wednesday, 5 Oct 2022.
• OPEC+ weighs large oil production cutback, a move that could raise US gas prices
  
  The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy.
  ABC News.  Wednesday, 5 Oct 2022.
• Saudi Arabia and Russia drive OPEC alliance plans to cut oil production - propping up prices
  
  The 13 members of the Organization of the Petroleum Exporting Countries (OPEC), led by Riyadh, and their 11 allies headed by Moscow will hold a meeting on Wednesday.
  Daily Mail.  Monday, 3 Oct 2022.
• 3 Top-Ranked Shipping Stocks Exporting Hefty Dividend Payouts
  
  The strong Zacks Rank paired with the companies' dividend payouts is a beautiful combination.
  Zacks.  Thursday, 29 Sep 2022.
• Scottish exporters cautious over fall in the pound
  
  Firms say that while a weaker currency may help, they face having to increase prices for exports.
  BBC News.  Wednesday, 28 Sep 2022.
• Bread Prices Jump 18% in EU, Eurostat Says as War in Ukraine Weighs
  
  The price of bread rose by almost a fifth in the European Union in August as Russia's invasion of Ukraine, both major exporters of grains and fertilizers, continued to disrupt global markets and headline inflation accelerated. ...
  Voice of America.  Monday, 19 Sep 2022.
• OPEC, Russia Announce Small Cut In Oil Output For October
  
  The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed a small oil-production cut in October in a move aimed at stopping a slide in oil prices.
  Radio Liberty.  Monday, 5 Sep 2022.
• Ivory Coast, a Big Cocoa Exporter, Tries to Move Up the Ladder
  
  A new generation of Ivory Coast chocolatiers is striving to change an industry that has long left cocoa farmers in poverty.
  New York Times.  Saturday, 13 Aug 2022.
• Slowing demand in the U.S., Europe and China could hurt Asian exporters, HSBC says
  
  Asia exporters will face significant challenges as demand slowdowns from major markets like the U.S. and Europe in the months ahead, according to HSBC.
  CNBC.  Tuesday, 9 Aug 2022.
• Ukraine Live Updates: First Ship With Grain Leaves Odesa Under Deal to Ease Food Crisis
  
  A Russian naval blockade had prevented Ukraine from exporting millions of tons of grain, contributing to a global food crisis. But experts say the impact of renewed exports will be modest, if felt at all.
  New York Times.  Monday, 1 Aug 2022.
• Turkey Says First Grain Exports Could Be Shipped From Ukraine On August 1
  
  A spokesman for Turkish President Recep Tayyip Erdogan has said that there is a high chance that the first grain-exporting ship will leave Ukraine on August 1.
  Radio Liberty.  Sunday, 31 Jul 2022.
• Is Iran Seeking To Become A Bona Fide Arms Exporter With Russia Drone Sale?
  
  Such a sale could give Russia a source of cheap but effective weaponized drones at a time when it has depleted large quantities of its munition stockpiles.
  Forbes.  Saturday, 23 Jul 2022.

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