Tuesday 19 March 2024
 
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IEA slashes global oil demand forecasts for 2018-19

The International Energy Agency (IEA) has cut its estimate for global oil-demand growth for both 2018 and 2019 by about 110,000 barrels per day to 1.3 million and 1.4 million barrels a day respectively, due to growing threats to world economic

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Global household wealth 'to grow slower'

Global household wealth will grow at 6.6 per cent annually, slower than the 7 per cent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. Global household wealth is now expected to rise to $345 tr

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Higher oil forecasts hint Opec tactics are paying off

The world's three big energy agencies are forecasting higher demand for Opec's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back market share from rivals who are cutting outpu

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Mena ad spend set to grow 5.5pc in 2013

The Mena region is seeing a substantial increase in interest from international and domestic advertisers and the advertising expenditure is expected to grow 5.5 per cent in 2013, a report said. This ad spend will firm up to 6.8 pe

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Opec cuts oil demand view, supply gap shrinks

Opec cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a disappointing economic performance in top consumer the United States could further weigh on fuel use.  The Organization of

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Intel posts $2.3bn Q4 profit, trounces forecasts

Intel Corp, the world's largest microchip maker, crushed Wall Street forecasts with a 875 per cent jump (almost a nine-fold increase) in 2009 fourth quarter net income which hit $2.3 billion when compared to $234 million the previous year

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IEA slashes oil demand forecasts for 2018-19

The International Energy Agency (IEA) has cut its estimate for global oil-demand growth for both 2018 and 2019 by about 110,000 barrels per day to 1.3 million and 1.4 million barrels a day respectively, due to growing threats to world economic

More…

IEA slashes global oil demand forecasts for 2018-19

The International Energy Agency (IEA) has cut its estimate for global oil-demand growth for both 2018 and 2019 by about 110,000 barrels per day to 1.3 million and 1.4 million barrels a day respectively, due to growing threats to world economic

More…

IEA slashes global oil demand forecasts for 2018-19

The International Energy Agency (IEA) has cut its estimate for global oil-demand growth for both 2018 and 2019 by about 110,000 barrels per day to 1.3 million and 1.4 million barrels a day respectively, due to growing threats to world economic

More…
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