Sunday 4 October 2015
Global demand

Oil prices to further fall due to oversupply

Oil prices are set to come under further pressure from easing global demand and an expanding glut of crude while a rebalancing of the markets may last well into next year, the West's Energy watchdog said on Friday. The Interna


Global uncertainty ‘affects Saudi petchem’

Weak global demand and increasing supply is restricting price growth in Saudi Arabia’s petrochemical sector, said NCB Capital, a leading wealth manager and the kingdom’s largest asset manager. Operational inefficiencie


Global air passenger demand drops in March

Year-on-year growth in international passenger demand slowed to 3.8 per cent in March from the 5.8 per cent recorded in February, said the director general of the International Air Transport Association (Iata). “The profile of the recovery

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