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GLOBAL OIL DEMAND GROWTH FORECAST
IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
OPEC further lowers 2026 global oil demand growth forecastOPEC has lowered its 2026 oil demand growth forecast to 380,000 barrels daily. This marks the fifth consecutive downward revision for the p...
Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
World goods trade gains momentum despite Middle East conflict, AI demand cushions blow: WTOGlobal merchandise trade shows resilience, with volumes remaining above trend. Strong demand for electronic components fuels growth, offset...
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters pollIndia faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices ar...
Global Market: China stocks inch up after August inflation data; Hang Seng remains flatChina’s stock markets edged higher while Hong Kong equities remained subdued as August inflation data highlighted an uneven recovery. Risin...
China's exports in August rise 25% on car and chip fillipChina's exports expanded 25% year-on-year in August in US dollar terms, matching forecast and accelerating from the 23.9% growth in the pre...
Global Market: European shares slip as oil surge fuels inflation fears; Novartis plungesEuropean shares slipped as surging oil prices raised inflation concerns amid escalating Middle East tensions and threats to Gulf energy inf...
Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification,...
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
Charting the global economy: US Job Growth exceeds projectionsUS labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
7.8% slam dunk! 'Dead' economy proved to be quite alive and kickingIndia’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...