Searched for
GLOBAL ENERGY PRICES
Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
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...
Global Market | ECB may need further rate hikes if energy prices stay high: NagelECB policymaker Joachim Nagel said the central bank may need to raise interest rates further if elevated energy prices persist, potentially...
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: Eurozone bonds slide as energy prices stoke inflation fearsEurozone government bonds are facing their sharpest weekly selloff since the Iran war began as surging energy prices fuel inflation concern...
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...
BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
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...
ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
ECB raises interest rates as Iran war fuels inflation fearsThe European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...
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...
Copper price's record rally highlights global mining-smelting mismatch, IPCPA saysCopper prices are soaring to unprecedented levels, driven by a significant global supply imbalance. While mining operations struggle to mee...
Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decisionEurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japan’s mar...
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...
Global Market: China stocks edge higher as agriculture, energy and gold shares offset tech weaknessChina’s stock markets edged higher on Tuesday, led by agriculture, energy and gold-related shares, while technology stocks declined. The CS...