IEA Slightly Raises Oil-Demand Growth View But Cuts Supply Forecast

IEA Slightly Raises Oil-Demand Growth View But Cuts Supply Forecast

By Giulia Petroni The International Energy Agency lifted its forecast for oil-demand growth this year on an improved outlook in the U.S. and increased bunkering, while it cut estimates for...
March 14, 2024 at 02:45 pm IST
IEA sees economic headwinds putting damper on supply growth

IEA sees economic headwinds putting damper on supply growth

The settling down of post-pandemic turbulence and a cloudy economic outlook will rein in demand growth this year, the International Energy Agency said on Thursday, even as shipping disruptions...
March 14, 2024 at 02:33 pm IST
IEA SAYS OIL CONSUMPTION REVERTING TOWARD HISTORICAL TREND AFTER…

IEA SAYS OIL CONSUMPTION REVERTING TOWARD HISTORICAL TREND AFTER…

IEA SAYS OIL CONSUMPTION REVERTING TOWARD HISTORICAL TREND AFTER VOLATILITY OF POST-PANDEMIC REBOUND ...
March 14, 2024 at 02:30 pm IST
Iron ore faces China fundamentals and sentiment hurdles:  Russell

Iron ore faces China fundamentals and sentiment hurdles: Russell

The tables have turned on iron ore with prices coming under pressure from a combination of fundamental and sentiment factors in dominant importer China that are likely to persist over the short term. ...
March 14, 2024 at 10:45 am IST
Europe gets lucky with a mild, windy winter:  Kemp

Europe gets lucky with a mild, windy winter: Kemp

With only a few more weeks left in the heating season, Europe is on course to end the winter with a record amount of gas in storage, sending prices sliding and dispelling fears about energy security. ...
March 14, 2024 at 06:30 am IST
Australian farmers should favour wheat over canola as margins recover, Rabobank says

Australian farmers should favour wheat over canola as margins recover, Rabobank says

Australian farmers should make significantly more money on their crops in 2024/25 than in the previous season thanks to a drop in fertiliser and chemical prices, with plantings likely to favour wheat...
March 14, 2024 at 05:29 am IST
Softer spot LNG prices see demand gain, contrast with contract pain:  Russell

Softer spot LNG prices see demand gain, contrast with contract pain: Russell

Lower spot prices for liquefied natural gas in Asia have yet to drive a significant boost in demand for the super-chilled fuel, although there is an increase in appetite from price-sensitive buyers...
March 13, 2024 at 10:45 am IST
Soybean Futures Rise Following Conab Report -- Daily Grain Highlights

Soybean Futures Rise Following Conab Report -- Daily Grain Highlights

By Kirk Maltais -Soybeans for May delivery rose 1.3% to $11.94 a bushel, on the Chicago Board of Trade on Tuesday, with short-covering supporting soybeans after Conab's report showed a cut in...
March 13, 2024 at 12:55 am IST
Gold heads for new record highs

Gold heads for new record highs

On Wednesday, gold prices fluctuated around record levels reached in the previous session, following comments by US Federal Reserve Chairman Jerome Powell, who suggested that interest rate cuts could...
Our Logo March 07, 2024 at 08:11 pm IST
UK Energy Regulator Sets Out Network Prices, Five-Year Investment Package

UK Energy Regulator Sets Out Network Prices, Five-Year Investment Package

By Joe Hoppe U.K. energy regulator Ofgem set out Wednesday new local electricty-network price controls for 2023 to 2028, and said it has a five-year investment package for six electricity...
November 30, 2022 at 01:06 pm IST
Global executives see Ukraine conflict accelerating energy transition

Global executives see Ukraine conflict accelerating energy transition

Executives at companies across 20 major economies see the Ukraine conflict speeding up the pace of the transition to cleaner energy, rather than slowing it down, a survey by Britain-based law firm...
November 22, 2022 at 06:31 pm IST
EU buys less than 25% of seaborne Russian Urals oil in November, data shows

EU buys less than 25% of seaborne Russian Urals oil in November, data shows

Shipments of Russian Urals oil to EU countries by sea are expected to fall to below a quarter of the total in November ahead of an embargo by the bloc, Refinitiv data showed. European Union...
November 22, 2022 at 06:25 pm IST
Analysis-Lower oil prices defy robust forecasts for global demand

Analysis-Lower oil prices defy robust forecasts for global demand

Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one....
September 16, 2022 at 04:37 pm IST
Commodities overview:  Copper under pressure

Commodities overview: Copper under pressure

There's still much turmoil on commodities markets. Let's see what's behind the variations in the prices of energy, metals and agricultural commodities.
Our Logo September 12, 2022 at 09:00 pm IST
Russia sees extra $6.7 billion in September revenue on higher oil prices

Russia sees extra $6.7 billion in September revenue on higher oil prices

Russia's finance ministry said on Monday it expects an additional 403.4 billion roubles in budget revenue in September thanks to higher oil prices....
September 05, 2022 at 02:46 pm IST
Nigeria Creates Committee to Regulate Cocoa Sector

Nigeria Creates Committee to Regulate Cocoa Sector

By Obafemi Oredein Special to Dow Jones Newswires   IBADAN, Nigeria--The government of Nigeria has inaugurated a committee to develop the regulation and monitoring of the activities in the...
August 19, 2022 at 09:54 pm IST
A high-stake OPEC meeting

A high-stake OPEC meeting

The next OPEC meeting will be held on August 3, with a view to coordinating and unifying petroleum policies among members. This is a much-awaited meeting, as Europe and the US move away from Russian...
Our Logo August 02, 2022 at 02:37 pm IST
Analysis:  Ukraine war rekindles Europe's demand for African oil and gas

Analysis: Ukraine war rekindles Europe's demand for African oil and gas

Europe's thirst for oil and gas to replace sanctioned Russian supply is reviving interest in African energy projects that were shunned due to costs and climate change concerns, industry executives...
July 22, 2022 at 10:35 am IST
Will U.S. Supreme Court EPA ruling rein in federal regulators?

Will U.S. Supreme Court EPA ruling rein in federal regulators?

The U.S. Supreme Court on Thursday curtailed the Environmental Protection Agency's ability to restrict greenhouse gas emissions from power plants in a 6-3 ruling that some legal experts said would...
July 01, 2022 at 03:30 pm IST
ETF overview:  Carbon transition, Energy infrastructure and Agriculture producers

ETF overview: Carbon transition, Energy infrastructure and Agriculture producers

Climate change is perhaps the most pressing issues of our time, and many investors are looking for ways to invest in financial assets that will accelerate the energy transition to renewable sources....
Our Logo June 22, 2022 at 08:22 pm IST