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You Searched For "Surplus" and got 15 results


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1 min read

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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6 mins read

Between 1930 and 1970, around one third of all women in Puerto Rico were sterilized to address concerns of 'surplus population'

After Puerto Rico became a US colony in 1898, the federal and local governments pushed sterilizatio…

DeArbea Walker   


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1 min read

Oil markets could shift into surplus in early 2024 as demand growth slows and non-OPEC+ producers lead supply growth, IEA says

Oil supply is booming, especially from non-OPEC+ countries, and it will encounter slowing demand ne…

Aruni Soni   


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1 min read

Russia's economy dealt a crushing blow as its current-account surplus collapses by 93%

Russia's current-account surplus tanked 93% to $5.4 billion last quarter from the year-earlier peri…

Zahra Tayeb   


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Russia's economy takes a hit as its current-account surplus crashes 85% compared to last year

As war in Ukraine drags on, more signals are flashing that all is not well in Russia's economy desp…

Phil Rosen   


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Politically created crude oil surplus is already ending says Goldman Sachs

Fundamentals for crude oil weakened in April-May with modest declines in the Russian exports, recor…

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1 min read

Russia's budget surplus tanked in August amid sanctions and slowing natural-gas supplies to Europe

Russia's surplus fell to 137 billion rubles in the first eight months of 2022 — down from 481…

Huileng Tan   


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6 mins read

What is economic surplus and how does it work?

Economic surplus refers to the gain consumers and producers receive in a particular transaction and…

Melanie Lockert   


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1 min read

Russian oil and gas revenues help current-account surplus more than triple to $167 billion

From January to July, the surplus ballooned to $167 billion, compared to $50 billion for the same p…

Brian Evans   


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1 min read

China is reselling natural gas to energy-strapped Europe as its economic slowdown leaves it with a surplus, report says

China has probably resold more than 4 million tonnes of liquefied natural gas — or roughly 7% of Eu…

Harry Robertson   


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2 mins read

RBI is giving more money to fill the budget hole that may get bigger after the second wave of COVID-19

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine mon…

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2 mins read

Gov. Newsom wants to send direct payments to Californians from the state's unexpected $75 billion budget surplus

In his "Golden State Stimulus," California Gov. Gavin Newsom plans to send middle-income people $60…

Ayelet Sheffey   


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1 min read

Saudi Arabia is on track for its first budget surplus in nearly a decade as the Kingdom rakes in oil revenues amid a global energy crunch

Despite more spending, Saudi Arabia's budget surplus hit $21 billion in the second quarter thanks t…

Phil Rosen   


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1 min read

Soaring energy prices help Russia push its current account surplus to a record $70.1 billion in the second quarter despite sanctions

Central bank data showed that Russia notched a record current account surplus of $70.1 billion in t…

Phil Rosen