 |
Oil rises toward $100, but demand fears cap gainsOil prices climbed towards $100 a barrel on Friday, recovering some ground after a steep six-day fall, although worries about lower global demand and oversupply kept a lid on the rebound. Analys More… |
 |
Opec sees 2013 world oil demand fall riskWorld oil demand growth could fall short of forecasts in 2013, producer group Opec said on Tuesday, citing economic risks in the euro zone and the US. The Organization of the Petroleum Exporting Countries in a monthly report left More… |
 |
Asia factory growth cools on weak global demandGrowth in Asia's manufacturing sector cooled in February as the pace of economic recovery slackened, according to factory surveys and trade data on Friday that pointed to continuing weakness in the strength of global demand More… |
 |
SHINE OFF: Gold demand fallsGlobal gold demand fell last year for the first time since 2009 as jewellery buying abated in the key Indian and Chinese markets and US and European coin and bar investment dropped, the World Gold More… |
 |
GCC plans record aluminium production by 2014With global demand for aluminium estimated to increase and reach 70 million metric tons per year by 2020, GCC countries are all set to boost their production capacity to 5 million metric tons by 2014, up 40 per cent from around More… |
 |
Apple cuts orders for iPhone 5 partsApple has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand, the Nikkei reported on Monday, in a further sign the US firm is losing ground to Asian smartphone rivals. Apple has asked Japan More… |
 |
Sluggish oil demand forecast in 2013Global oil demand will be sluggish throughout 2013 as economic expansion remains tepid, the West's energy agency said on Wednesday, also predicting comfortable oil supply levels, which could alleviate oil price pressures on More… |
 |
Kuwaiti lender sees Islamic banking boomIslamic banking is growing at more than double the pace of conventional banking in Kuwait and strong demand is expected throughout the Arab region, said the chairman of Boubyan Bank, a leading lender in the country. Credit volumes More… |
 |
Saudi will need $320 oil unless curbs demandSaudi Arabia will need steadily higher crude oil prices to balance its budget, reaching $320 per barrel by 2030, unless it curbs domestic oil consumption, an economist and specialist on the kingdom said as reported by an industry newsletter. More… |
 |
Gold rally unlikely until Asian demand gainsThe author is a Reuters market analyst. The views expressed are his own. Gold analysts are generally bullish by nature and many have long-running forecasts that bullion is poised to rally through the $2,000 an ounce barrier, bu More… |
