TOKYO (Kyodo) -- Toyota Motor Corp. said Thursday it recorded an all-time high in global sales and production for the year ended March as the negative effects from the coronavirus pandemic and a chip shortage eased while production in North America and Asia recovered. https://mainichi.jp/english/articles/20230427/p2g/00m/0bu/020000c
Oil has the potential to reach $100 a barrel by late this quarter after OPEC+ announced steep crude output cuts, according to Amrita Sen, the chief oil analyst at Energy Aspects.
Her view has been that the second half of the year was going to “very bullish,” pushing oil to $100 as long as the global economy was resilient. Now, that move higher could happen sooner, including late in the second quarter, she said in an interview on Bloomberg Television.