The Chinese production lines also have the fewest operators per shift and managers per production worker, and generate less scrap than factories in the US. China as a whole has a productivity-adjusted manufacturing cost advantage of 5 to 7
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Oil prices are down nearly 50% for the year after OPEC+ talks collapsed and Saudi Arabia announced slashed prices in an apparent price war with Russia. With previously agreed OPEC+ production cuts
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Saudi Aramco's Q3 2023 results November 3, 2023 Saudi Aramco will publish its Q3 2023 results and dividend announcement before the Tadawul market opens on Tuesday November 3, 2023.
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