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IEA OIL DEMAND FORECAST
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
- Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
- US Market: Wall Street brokerages see S&P 500 extending rally in 2026 on AI, earningsWall Street brokerages remain bullish on the S&P 500 in 2026, with AI-driven earnings growth and resilient corporate profits expected to su...
- Oil prices set to end week over $100 for first time in nearly 4 monthsOil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses ris...
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
- Oil surges 5%, Brent and US crude both over $100 on more tanker attacksOil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions....
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- 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 ...
- 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...
- Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalatesBrent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle Eas...
- 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,...
- 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...
- ITR was processed under the old tax regime due to tax consultant's mistake, taxpayer faced Rs 1.23 lakh demand: ITAT Bangalore allowed new tax regimeRs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultant’s e...
- Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh inThe latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...
- The Americas' oil bonanza will outlast the Iran conflictThe Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...
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