Indian benchmark equity indices, Sensex and Nifty50, opened lower on Thursday, reflecting negative signals from global ...
Stocks to Watch Allianz could still explore opportunities ... Energy: Oil prices slipped in early trade as traders took profit from last week and the latest batch of Chinese data disappointed.
"Like any firsts, it'll be tricky to price, it'll be tricky to trade," said Giulia Pellegrini, senior portfolio manager with Allianz Global ... Forum in Davos, OPEC meetings and the World Cup.
OPEC's extended production cuts and reduced non-OPEC growth will create a reliance on OPEC barrels, giving them leverage to set higher oil prices. Despite current low WTI prices, we anticipate a ...
OPEC's position in the oil market is slipping ... Higher oil pricing matters to OPEC+ countries given their heavy dependence on the energy trade to prop up their economies. In a note last week ...
LONDON-Opec cut its 2024 global oil demand growth forecast for a fifth straight month on Dec 11 and by the largest amount yet, a series of downgrades that highlights China’s sputtering role as ...
OPEC's latest oil market signals continued challenges for the global energy landscape. For the fifth consecutive month, the cartel has cut its global oil demand growth forecast for 2024, now ...
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...
SINGAPORE: German insurer Allianz announced on Monday (Dec 16) that it has withdrawn its offer to acquire a majority stake in Income Insurance after the Singapore government raised concerns ...
Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global ...
In the case of oil, the answer in 1960 was the formation of a producer’s cartel: the Organization of the Petroleum Exporting Countries (Opec). Solar power, which is going through its own growing ...
OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs.