In addition to the energy sector, the non-oil trade grew eight hundred times by 2024 between the UAE and China. Supply chain diversification: Companies are bringing their ... sustainable growth which ...

Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s ...

ALMATY, Kazakhstan, April 7, 2025 (EZ Newswire) -- HYDE announces the development of a new system aimed at simplifying and optimizing coffee supply chain management for businesses around the globe.

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...

How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...

The chairman of BP, Helge Lund, has announced plans to step down sometime in 2026, after hedge fund Elliot Investment Management L.P. joined other shareholders in opposing the oil company’s net zero ...

0924 GMT – Goldman Sachs cut its oil-price forecasts for this year and next on expectations of slower demand growth and higher OPEC+ supply. “Brent oil prices have fallen from above $80/bbl in ...

Meanwhile, the agency still expects global oil supply to exceed demand, now forecasting a surplus of ~600K bbl/day with a potential addition of 400K bbl/day to the market if OPEC+ raises output ...

The International Energy Agency reported that global oil supply could exceed demand by around 600,000 barrels per day this year, with global demand now expected to rise by just 1.03 million bpd ...

(Bloomberg) -- Oil slipped as broader market weakness and concerns about a global glut of crude overshadowed escalating tensions in the Middle East. West Texas Intermediate fell 1% to settle below ...