UAE to exit OPEC, OPEC+ on 1 May
The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…
Browsing Tag
demand
Eurozone services sector under pressure, exports fall
Eurozone services activity grew only marginally in August as demand stalled and overseas orders fell sharply, the…
India’s factory growth hits 17-yr high in Aug ’25 – PMI
India’s factory activity expanded in August 2025 with the HSBC Manufacturing Purchasing Managers’ Index (PMI)…
China’s factory activity expands in August ’25 – PMI
China’s factory activity expanded in August, with the CaixinS&P Global manufacturing Purchasing Managers’ Index…
India’s business activity hits 14-m high in June — PMI
India's private sector experienced strong growth in June 2025, with business activity increasing at the fastest…
India’s services sector maintains strong growth in May ’25 – PMI
India’s services sector continued to expand in May, with the seasonally adjusted HSBC India Services PMI Business…
Spain’s trade deficit deepens in early ’25
Spain’s trade deficit widened by 58 per cent year-on-year in the first two months of 2025, reaching €9.62 billion…
UK housing market continues to pick up in September – RICS
The UK housing market showed signs of recovery in September 2024, with demand, sales, and new listings returning to…
London luxury property market cools as tax fears mount
Demand for London’s most expensive homes weakened in August amid concerns over potential tax increases by the new…
Taiwan’s TSMC profit ups in Q1
Taiwanese chip giant TSMC posted a stronger-than-expected nine per cent rise in first-quarter net profit on…
Oil drops as Russian supply up
Oil prices experienced a slight dip on Tuesday, influenced by several factors, including the potential for…
Samsung expects coronavirus will hit demand for key products
Samsung Electronics Co Ltd said on Tuesday it expects smartphone demand to “drop sharply in most regions” due to…
Coca-Cola says global volumes plunge 25% in April due to coronavirus- related closures
Coca-Cola said on Tuesday that global volumes plunged 25 percent since the start of April due to the…
Oil prices crash below zero for the first time in history as demands dries up
Oil futures plunged on Monday below zero, the latest never-before-seen number to emerge amid the economic fallout…
Amazon puts new online grocery customers on wait-list amid overwhelming demand
Amazon on Monday have begun to put new grocery delivery customers on a wait-list and curtail shopping hours at some…
Oil prices fall as weak demand outlook weighs on
Oil prices slipped on Thursday as persistent concerns about a weak demand outlook weigh on, after posting sharp…
Egypt expects higher dollar demand as it repays debt
Egypt will have to repay $14.7 billion this year to international creditors, including Arab countries that…
Egypt’s natural gas likely to reach Jordan in January: minister
Jordan's Minister of Energy Hala Zawati said on Monday that Egyptian natural gas is expected to reach Jordan in…
Oil rises but posts weekly loss on stock build, trade tensions
Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were…
Oil prices fall on rising output from OPEC, U.S.
Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling…
Oil falls, reaching $69.80, but end the month higher as Iran sanctions loom
Oil prices slipped on Friday but remained near $70 a barrel as impending U.S. sanctions on Iran and falling…
Oil prices hold gains as markets tighten amid OPEC cuts, Iran sanctions
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran…
Oil stable on weaker dollar and healthy economic growth, but pockets of oversupply linger
Oil prices were stable on Wednesday, supported by healthy economic growth and expectations that a weaker dollar…
Oil prices fall more than 1% amid global market rout
Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global…
US oil extends decline, weighed down by dollar, rising output
U.S. oil slipped on Tuesday, extending losses into a second session, as a strengthening dollar sapped demand for…
Egypt’s vegetable oil reserves at 3 months and sugar at 5: ministry
Egypt’s strategic vegetable oil reserves are enough to meet consumption needs for more than three months…
Analysts cut iPhone X Shipment forecasts, citing slight demand
Analysts have lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster…
Oil Minister: Egypt to launch LNG tender early 2018
Egypt will hold a new liquefied natural gas (LNG) tender in early 2018 to cover demand for the second quarter of…
UAE central bank survey projects moderate growth in loan demand
Demand for business credit and personal loans in the United Arab Emirates increased marginally in the…
Oil prices rise on tightening supply, strong demand
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of…
China will ‘compel’ Saudi Arabia to trade oil in yuan; and that’s going…
China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will…
Oil holds gains, buoyed by hopes for robust demand
Oil prices on Thursday held most of their gains of around 2 percent from the previous session, buoyed after the…
Oil steady on rising US refining demand, but ample crude supplies weigh
Oil prices held steady on Thursday, supported by rising demand from the United States where Gulf Coast refineries…
Amer: Egyptian pound strengthens due to market supply, demand mechanism
The pound’s rally against the dollar in the few past days was due to the market’s supply and demand mechanism…
Oil rises on US crude stock draw, but prices remain weak
Oil prices recovered some ground on Thursday on strong demand in the United States, but analysts cautioned that…
Oil prices firm on strong demand, political uncertainty in Syria
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another…
Egypt LNG Market to surpass 4.5 MMT by 2025: research
Research and markets has announced that Egypt LNG Market Demand and Supply Analysis- By Region, By Application, By…
Yahoo under scrutiny after latest hack, Verizon seeks new deal terms
Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the…
Cisco’s profit forecast misses estimates, shares dive
Cisco Systems Inc forecast adjusted profit for the current quarter below analysts' estimate as the company's…
Protests in Seoul demanding President Park Geun-hye’s resign
Hundreds of thousands of protesters have gathered in the South Korean capital, Seoul, to demand the resignation of…