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GLOBAL ENERGY PRICES
Norway reins in data centre industry amid AI boomNorway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead...
India's investment outlook strengthens as credit, exports rebound; inflation relief likely: HSBCIndia's investment outlook is improving as credit growth and corporate revenue increase, pointing towards stronger private capital spending...
Eurozone bond yields edge lower as oil prices ease, investors await US inflation dataEurozone government bond yields edged lower as easing crude oil prices and concerns over technology stocks supported demand for safer asset...
When wars and AI cast a shadow, India has pressed a power resetIndia’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil suppl...
Middle East oil price war heralds post-conflict glut: BoussoThe Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...
AI power rush sends data centres hunting for used turbines and jet enginesUtilities and developers are increasingly looking for second-hand gas turbines as new equipment takes longer to produce. Orders for gas tur...
56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
BoE’s Pill sees scope for interest rate cuts if UK growth stallsBank of England chief economist Huw Pill indicated that interest rates could remain steady or decline if economic growth stalls. Recent fin...
Gas prices in the US are nearly half of Europe's: Why are American drivers paying so much less?American motorists are currently paying much less for fuel compared to drivers in the European Union. The average petrol price in the EU is...
56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
Nifty bulls reclaim 25,000 mark as FIIs step up India buying: 5 factors that will determine D-Street's fate next weekIndian equities rallied nearly 9% last week as the Nifty reclaimed 25,000 and the Sensex gained 8.82%. FIIs bought Rs 45,960 crore, while D...
AI rout, energy costs add to fears of slowing global growthGlobal markets face mounting pressure from persistent inflation, rising borrowing costs and concerns over slowing economic growth. Elevated...
ArcelorMittal reports USD 391 million loss in July-Sept quarterArcelorMittal reported a net loss of USD 391 million for the September quarter due to rising energy costs. The company's sales increased to...
India's natural gas demand to decline 2% in 2026 despite 10% rise in LNG imports: IEAThe trend highlights the challenges facing India's gas market as disruptions to global LNG supplies through the Strait of Hormuz and elevat...
Rupee finds its footing as oil worries cool, traders watch flow momentumThe Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a ...
US to loan about a third of heating oil reserve in bid to tame pricesThe US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressure...
70% of global business leaders report rising risk exposure amid AI, geopolitical disruptions: KPMGAccording to the report, 56% of respondents said external disruptions involving geopolitical, energy, cyber, trade or climate-related facto...
Brazil offers road map to phase down fossil fuels, halt deforestationBuilding on the decision adopted at the first global stocktake of the Paris Agreement at COP28 in Dubai in 2023, these seek to advance clim...
Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...