Commodities Goldman Sachs cuts ’26 oil price forecasts Aya Anwar Apr 7, 2025 0 Goldman Sachs has lowered its 2026 average price forecasts for Brent and West Texas Intermediate (WTI) crude by $4,…
Energy OPEC+ leaves ’25-26 oil forecast unchanged Aya Anwar Jan 15, 2025 0 OPEC+ forecasts global oil demand to remain unchanged at 1.4 million barrels per day (mb/d) for both 2025 and 2026,…
Energy IEA cuts oil demand growth forecast to 900k bpd in ’24 Aya Anwar Sep 12, 2024 0 The International Energy Agency (IEA) revised its global oil demand growth projections following a notable…
Energy Asia’s crude oil imports hit two-year low Aya Anwar Aug 1, 2024 0 Asia's crude oil imports fell to their lowest level in two years in July, driven by weak demand in China and a…
International News Oil prices rebound as US inventories drop Nada Ali Jul 24, 2024 0 Oil prices bounced back on Wednesday driven by a decline in US crude inventories and growing supply concerns due to…
Commodities IEA: Oil markets to stay well-supplied until ’30 Aya Anwar Jun 12, 2024 0 Oil markets will supplied until 2030, though maintaining a strong focus on energy security remains crucial amid…
forex news Oil remains within narrow trading range on Wednesday Aya Anwar May 15, 2024 0 Oil remained within a narrow trading range on Wednesday as the International Energy Agency (IEA) revised down its…
Featured IEA trims global oil demand outlook Aya Anwar May 15, 2024 0 The International Energy Agency (IEA) reported a softening outlook for global oil demand growth this year,…
Featured India to surpass China as main driver of global oil demand in ’30 Nada Ali Feb 7, 2024 0 India is expected to be the biggest contributor of global oil demand growth from 2023 to 2030, surpassing the…
International News OPEC expects global oil demand at 1.8 mb/d in 2025 Nada Ali Jan 17, 2024 0 The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025,…