By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction that highlights the dilemma faced by the wider OPEC+ group in raising production from…
MOSCOW (Reuters) - Russia is still pumping to Europe via the war zone in Ukraine. Why? WHERE DOES THE PIPE GO? The Soviet-era Urengoy-Pomary-Uzhgorod pipeline brings gas from western Siberia via Sudzha in Russia's Kursk region. It then…
By Clyde Russell LAUNCESTON, Australia (Reuters) -The price of iron ore has dropped for a sixth consecutive week as China's steel sector continues to struggle and port inventories of the raw material stop rising. Singapore Exchange (OTC:)…
Investing.com - The Organization of the Petroleum Exporting Countries has reduced its forecast for global oil demand growth this year, citing weakness in China, the world’s largest crude importer.
OPEC said, in a , that world oil demand…
Investing.com -- The recent sharp correction in prices appears to have largely run its course, positioning current levels as a compelling medium-term entry point for investors, as per analysts at UBS Global Research. Although…
Spanish club Girona have agreed a deal worth £6.8m to sign Aberdeen striker Bojan Miovski.It is understood the two clubs are close to finalising the paperwork and finer details of the transfer, with personal…
Investing.com -- UBS Global Research identifies as the top pick among base metals, citing favorable supply-demand dynamics and a bullish long-term price outlook. Despite recent pressures, including rising inventories and…
To no one’s surprise, volatility has returned in a big way, and if the typical market playbooks of the past 30 years continue to work, then what we have seen regarding the yen carry trade to this point may only be the beginning.
These…
HANOI (Reuters) - Vietnam is planning to subsidise electricity prices for electric vehicle (EV) charging stations, as part of its efforts to promote the use of EVs and meet its energy transition commitments. The subsidy scheme is due to…
The stock market appeared confused yesterday, reacting to the weekly and data as if the report had come in 0.4% cooler than expected. The market has been trying to push higher since Monday’s sell-off, and although it failed on Tuesday…