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goldman sachs predicts slowdown in non opec production with falling brent prices

Goldman Sachs forecasts a slowdown in non-OPEC+ production growth, estimating a decline of 0.3 mb/d for every $10 drop in Brent prices above $70. For 2026, non-OPEC+ supply growth is projected to fall from 1.05 mb/d to 0.6 mb/d at $60 per barrel, with further declines as prices decrease. U.S. shale production is also expected to decrease, with significant impacts below $30 per barrel due to well-head shut-ins.

Walmart and JPMorgan team up to enhance payments for online sellers

Walmart has partnered with JPMorgan Chase to expedite payments for merchants on its marketplace platform, which features over 700 million items from 100,000 sellers. This collaboration allows merchants to manage cash flow effectively using JPMorgan's systems, with plans to expand the service beyond the U.S. as marketplace sales surged 40% in the last quarter.

Northvolt bankruptcy trustee optimistic about business continuation and potential sale

Northvolt's bankruptcy trustee has reported significant progress in negotiations to continue operations of the electric vehicle battery manufacturer, following its bankruptcy filing on March 12. The trustee emphasized the importance of maintaining certain operations to facilitate the potential sale of the business, with favorable conditions noted for selling as a battery cell producer.

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