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A Massive Dam in Tibet Will Do More for China's GDP Than for Its Power Supplies
A Massive Dam in Tibet Will Do More for China's GDP Than for Its Power Supplies

Bloomberg

time2 days ago

  • Business
  • Bloomberg

A Massive Dam in Tibet Will Do More for China's GDP Than for Its Power Supplies

Welcome to our guide to the commodities markets powering the global economy. Today, China-based energy reporter Dan Murtaugh says a massive dam project in Tibet will deliver clear economic benefits, but the energy bonanza is murkier. China is embarking on one of the biggest and most expensive infrastructure projects in history to provide more clean power to its grid. But the more meaningful impact, at least in the short term, may be the way it props up an ailing economy.

OPEC+ to Decide July Oil Production Levels on May 31
OPEC+ to Decide July Oil Production Levels on May 31

Yahoo

time27-05-2025

  • Business
  • Yahoo

OPEC+ to Decide July Oil Production Levels on May 31

OPEC+ brought forward a video-conference that will decide July oil production levels by one day to May 31, delegates said. The eight-nation sub-group led by Saudi Arabia and Russia held preliminary talks last week on making another bumper output increase of about 411,000 barrels a day for a third consecutive month. Bloomberg's Dan Murtaugh reports. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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