Analysts at BMI, a unit of Fitch Solutions, projected that global oil demand 'will post steady growth' in 2026 'but remain below historic trends'. In a BMI report sent to Rigzone by the Fitch Group on ...
In its latest short term energy outlook (STEO), which was released on November 12, the U.S. Energy Information Administration (EIA) lowered its U.S. total energy consumption forecast for 2025 and 2026 ...
The Organization of the Petroleum Exporting Countries left its oil-demand forecasts unchanged as it continues to raise production through the end of the year, while also pointing to rising global oil ...
--Brent crude oil is down 3.2% at $63.08 a barrel. --European benchmark gas is down 0.6% at 30.92 euros a megawatt-hour. --Gold futures are up 1.8% at $4,190.70 a troy ounce. --LME three-month copper ...
The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of. By Brad Plumer Reporting from Belém, Brazil The world’s leading energy ...
Global oil demand is set to peak in 2032, two years later than previously expected, due to solid petrochemical demand and sluggish U.S. and European electric vehicle sales, Wood Mackenzie said in its ...
NXP Semiconductors NV, a provider of chips for automakers and industrial customers, gave a stronger-than-anticipated forecast for the current period, signaling that the company is recovering from ...
The automaker’s shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year. By Neal E. Boudette Over the past ...
The Organization of the Petroleum Exporting Countries left its oil-demand forecasts steady as it works to revive more production, but pointed to fiscal concerns and persistent trade uncertainties. The ...
An internal forecast by Microsoft (NASDAQ:MSFT) demonstrates data center demand outpacing available capacity until at least 2026, according to Bloomberg. Due to the rise of artificial intelligence ...