The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.

Elsewhere, coal has dropped to 35% of the global power mix, its lowest level, as strong growth in renewable power supply helps countries meet growing demand for energy, it said. China's reliance ...

Global coal demand has surged to another record high this year, the International Energy Agency (IEA) said on Wednesday, expecting the world’s coal consumption to level off through 2027.

Next year, global oil demand is set to grow by 1.1 million bpd, lifting consumption to 103.9 million bpd, the agency said. However, supply is set to outstrip demand. Total oil supply is on track ...

A spokesman for Diageo, Guinness’ parent company, said: ‘Over the past month we have seen exceptional consumer demand for Guinness in Great Britain. ‘We have maximised supply and we are ...

Shares of all three of these stocks soared this year, largely due to strong demand in AI. A Closer Look At The Quarterly Numbers In the latest quarter which ended on October 31, 2024 for Broadcom ...

Humans are hungry for power. Everything in the world runs on electricity and power is in constant demand. To solve the geometric demand for more power, humans are reviving nuclear power plants ...

According to a recent report from Origin Investments, a combination of strong demand, supply constraints, and evolving financial strategies points to a promising year ahead for multifamily investors.

even after producer group OPEC+ extended oil supply cuts and a slightly higher than expected demand forecast. The outlook from the IEA, which advises industrialised countries, points to continued ...

The Problem Despite advances in digitizing supply chain management and making data-driven decisions, business planners and executives still expend significant time and effort on understanding ...

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. The ...